Benzinga | Sep 15, 2021 07:39AM EDT

GOL To Receive $200M Equity Investment From American Airlines As Part Of Cooperation Expansion

GOL Linhas A?reas Inteligentes S.A. (NYSE:GOL), ("GOL" or "Company"), Brazil's largest airline, has agreed to expand its commercial cooperation with American Airlines Group Inc. (NASDAQ:AAL) ("American") through an exclusive codeshare agreement ("Agreement") for the next three years that will deepen the relationship between the two airlines. As part of the Agreement, GOL will receive an equity investment of US$200 million (R$1.05 billion) from American.