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
+55 (11) 2128-4700

GOL Media Relations
Marcia Nunes, Comunicação Externa
+55 (11) 5098-2979

Becky Nye, Montieth & Co.
+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.

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