Gol: Now a
Delta/Ryanair hybrid? — April 2018

Gol Linhas Aéreas Inteligentes, Latin America’s largest LCC, has seen a strong financial recovery in recent quarters as Brazil’s economic growth has gathered pace. With operating margins already in the low-double digits, the São Paulo-based airline is outperforming its larger peers in the region.

Gol is doing so well in large part because between mid-2015 and early 2017 it implemented what may have been one of the strongest and fastest restructurings by an airline outside of bankruptcy.