Business

Airline Gol signs agreement with American Airlines, shares jump 5.5%

Shares in Brazil’s budget airline Gol rose as much as 5.5% on Tuesday after signing a codeshare agreement with American Airlines, that will create “the most frequent service between the United States and South America”. Gol will connect customers to more than 30 destinations in the USA, and American will offer flights to Uruguay and Paraguay, in addition to the Brazilian cities of Curitiba and Foz do Iguaçu. Flights will operate from Gol’s hubs in São Paulo, Rio de Janeiro, Brasilia and Fortaleza.

Source: The Rio Times