Tue, May 18, 2004
Brazil's GOL Orders Up To 43 Boeing 737-800s
Boeing and Brazil's GOL Linhas Aereaes SA, one of the world's
most profitable airlines, Monday announced the airline has ordered
43 737-800 passenger airplanes worth up to US $2.7 billion at list
prices.
GOL begins receiving the 15 firm-ordered 737-800s between 2007
and 2009. GOL holds purchase rights for the remainder which can be
exercised between 2005 and 2010. The agreement represents one of
the region's largest such transactions.
"Boeing's willingness to work closely with us to meet all of our
needs is an example of Boeing's commitment to Brazil and Latin
America," said Constantino Oliveira, Jr. GOL's President and
CEO.
Despite financial losses by Brazil's other major carriers, GOL
has garnered international attention by consistently posting
profits since beginning operations in 2001. Oliveira credits the
success to technological innovations including a sophisticated
computerized check-in procedure for its fleet of advanced Boeing
Next-Generation 737s.
"It is especially gratifying to partner with GOL, whose
outstanding Boeing 737 operation has generated consistent
profitability even during the difficult economic times of the past
few years," said John Wojick, Boeing's vice president of sales for
the Caribbean and Latin America. "Boeing is proud of its
contribution to GOL's success and the Brazilian economy."
Wojick said various types of aerodynamic modifications are being
analyzed for the 737-800 which will be evaluated in wind tunnel
testing later in the year.
The new 737-800s will join the 18 737-700s and four 737-800s GOL
now operates, continuing GOL's use of the highly successful
single-type fleet model pioneered by U.S. low-cost carrier
Southwest Airlines.
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