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Brazil's Gol extends exit financing deadline in response to US tariffs


//business-finance.news-articles.net/content/202 .. inancing-deadline-in-response-to-us-tariffs.html
Published in Business and Finance on by Flightglobal   Print publication without navigation

Brazilian carrier Gol has extended a deadline for investors to participate in the company's $1.9 billion exit financing plan, citing the USA's trade war with most of the world.

Brazilian airline Gol has extended the deadline for its exit financing facility from 2025 to 2028 in response to new U.S. tariffs on Brazilian aircraft, which have impacted the company's financial planning. The extension, approved by Gol's board, aims to provide the airline with greater flexibility in managing its financial obligations amidst the uncertainty caused by the tariffs. Gol, which operates a fleet of Boeing 737 aircraft, has been affected by the U.S. decision to impose tariffs on Brazilian goods, including aircraft, as part of a broader trade dispute. The airline is now working to mitigate the impact of these tariffs on its operations and financial strategy.

Read the Full Flightglobal Article at:
[ https://www.flightglobal.com/strategy/brazils-gol-extends-exit-financing-deadline-in-response-to-us-tariffs/162695.article ]

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