Gol sells USD54 million in advanced tickets to FFP Smiles

    Gol announced (21-Mar-2021) an advanced sale of airline tickets from Gol to Smiles (FFP). The total sale amount was BRL300 million (USD54.6 million) and will be paid at 115% of the CDI rate (approximately 3.05% p/a). The parties negotiated certain commercial conditions to the benefit of Smiles, as well as the commitment to maintain the current contractual structure during 2021. [more – original PR]

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