Brazil’s GOL delays $1.9bn financing deadline due to tariffs

News to the Day and to the Hour Latest News of today Boliviana de Aviación (BoA) recently reported that it will connect the city of Santa Cruz de la Sierra with Caracas, in Venezuela, and then arrive in Havana, in Cuba. With this change of route, the frequency of travel between Caracas and Santa Cruz de la Sierra passes from one to two times a week. The air operation will be carried out as follows: Santa Cruz de la Sierra-Caracas-La Habana, Hav…

Brazil’s GOL delays $1.9bn financing deadline due to tariffs

GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) has extended the deadline for submission of binding bids to participate in the company’s USD1.9 billion exit debt financing due to the “substantial disruptions to capital markets globally as a result of President Trump’s announced tariffs.” The deadline was postponed from April 19 to May 15, a decision taken “to allow time for the capital markets to absorb the implications of the Trump tar…