INSUBCONTINENT EXCLUSIVE:
multiplies the R$ 1.098 billion ($193 million) loss from Q4 2023 by 4.7 times
carrier faces a brutal reality after filing for Chapter 11 bankruptcy in the U.S
($6.09 billion) gross debt, up 73% from last year, fueled by a R$ 5.5 billion ($965 million) DIP Loan
Yet, Gol grows its revenue by 9.5%, hitting R$ 5.519 billion ($968 million) in Q4 2024.Recurrent EBITDA rises 17.2% to R$ 1.89 billion ($332
million), showing operational strength
Cash reserves stand at R$ 2.5 billion ($439 million), while total liquidity, including receivables, reaches R$ 5.6 billion ($982
million).Still, the R$ 22.6 billion ($3.96 billion) in loans and R$ 12.1 billion ($2.12 billion) in lease liabilities loom large
hover at 10.5%, squeezing margins
141 Boeing 737s and leans on its Smiles loyalty program for extra income
The Chapter 11 process remains critical, aiming to slash R$ 20 billion ($3.51 billion) in debt.A $1.5 billion capital injection and $2
billion debt refinancing plan emerge as lifelines
gamble for survival and relevance
Investors watch closely as the airline balances operational wins against a crushing debt load
The coming months will reveal if Gol can soar again or remain grounded by its financial burdens.
