Gol to reopen bases in Foz do Iguacu, Navegantes and Maringa in May-2020; will return to low-cost, low-fare roots

    Gol grounded (13-May-2020) 120 aircraft since 28-Mar-2020, around 92% of its fleet. Gol‘s Apr-2020 network represented 7% of the network operated in Apr-2019. By the end of May-2020, operations are expected to be at 12% of May-2019, with the planned re-opening of the bases at the Foz de Iguacu, Navegantes and Maringa airports, and the re-initiation of a limited number of operations from Sao Paulo Congonhas AirportRio de Janeiro Santos Dumont and Rio de Janeiro Galeao International AirportGol CFO Richard Lark commented (13-May-2020) on the carrier’s cost cutting measures implemented to face the financial impact of the Covid-19 pandemic, stating: “We have returned to our initial years of operation as a full low-cost, low-fare airline, and that allows us to be both realistic and optimistic. The Company has one of the most competitive cost structures worldwide”. [more – original PR]