Le Lézard
Classified in: Tourism and vacations, Transportation, Business
Subjects: ECO, ACC

S&P Upgrades GOL's Credit Ratings


SÃO PAULO, Aug. 14, 2019 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4): Brazil's premier domestic airline today announced that Standard & Poor's (S&P) has upgraded the Company's credit rating, as well as that of the notes issued by the Company and by its fully-owned subsidiaries. S&P is one of three major corporate credit rating agencies.

"With S&P's upgrades to GOL's National and Foreign Currency ratings, all three major rating agencies have now recognized the improvement in the Company's credit profile ? a result of our continued focus on capacity discipline and balance sheet strengthening," said Richard Lark, GOL's Chief Financial Officer. "This is supported by GOL's operating model, which we believe offers high levels of efficiency and the best transportation service in the market."

GOL Investor Relations
ri@voegol.com.br 
www.voegol.com.br/ir 
+55 (11) 2128-4700

GOL Media Relations
Marcia Nunes, Comunicação Externa
mrcmnunes@voegol.com.br
+55 (11) 5098-2979

Becky Nye, Montieth & Co.
bnye@montiethco.com
+1 646 864 3517

About GOL Linhas Aéreas Inteligentes S.A.: Brazil's largest airline group with three main businesses: passenger transportation, cargo transportation and coalition loyalty program.

SOURCE GOL Linhas Aéreas Inteligentes S.A.


These press releases may also interest you

at 14:44
Saturday 21/09/2019 PICK-2: 1 7 PICK-3: 0 4 8 PICK-4: 0 2 6 6 ENCORE: 5591143 DAILY KENO2, 4, 8, 12, 13, 18, 21, 23, 26, 30, 31, 33, 39, 42, 45, 48, 58, 60, 62, 67. SOURCE OLG Winners

at 12:00
The Pittsburgh Pierogi Festival returns to  Kennywood Park on Sunday, September 22, 2019. This year's Festival includes over more than thirty pierogi vendors, a pierogi marketplace, the second-annual Pierogi Pinching Contest, free activities, 7...

at 07:41
The Higher Committee of Human Fraternity has come together for a global gathering at the New York Public Library in which they shared with stakeholders their mission to progress a culture of mutual respect and dialogue across all backgrounds, beliefs...

20 sep 2019
Friday 20/09/2019 LOTTO MAX estimated jackpot $40 million LottoMax MAIN Draw 09, 15, 26, 36, 39, 41 & 47. Bonus 37 POKER LOTTO Winning Hand: 7-C, 8-S, A-D, A-S, 8-H. Legend: C = CLUB, H = HEART, S = SPADE, D = DIAMOND J = JACK, Q = QUEEN, K = KING,...

20 sep 2019
The Think Global Forum unveils a brand-new identity today, ahead of the launch of the Think Global Awards. The newly revealed identity reflects the purpose of the global forum, embodying a new visual language while retaining the brand position and...

20 sep 2019
tentree, one of the fastest growing apparel brands in North America, has announced a partnership with the market-leading travel storytelling platform Steller to launch a global campaign aimed at travelers called "Tell a Story, Plant a Tree." The...



News published on 14 august 2019 at 10:30 and distributed by: