RIO DE JANEIRO, BRAZIL - With this fifth contribution since 2009, the Constantino family has invested R$1 billion (US$185 million) since the IPO.
The Constatino family, parent company of Gol Airlines, is a natural buyer at times of lower market prices. On Monday, March 3rd, the company announced a private capital increase that may reach up to R$512 million. Of this volume, R$270 million have been guaranteed by the owners. The goal? To leverage the market opportunities created by the pandemic to buy new airplanes.
"Gol didn't call up capital, the controllers decided to acquire more . . .
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