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Pre-release registrations only can secure units for £98,000.
Brazil Property News: Gol invests $310m in new aircraft
16th October 2007 02:52
Low-cost Brazilian airline, Gol, has taken out a $310 million (£152.6 million) loan to invest in new aircraft.
The airline will use the funds from eight banks, including Calyon and Citigroup, to complete a pre-delivery payment plan for 21 new Boeing 737-800 next generation planes.
Richard Lark, chief financial officer at Gol, said: "We appreciate the support of these world-class financial institutions.
"The 2008 and 2009 aircraft deliveries are an important part of the company strategy to lower operating costs and better serve the demand for safe, high quality air transportation services in Brazil and South America."
Long-term financing for the project will be provided by sale-leasebacks and long-term loans from financial institutions with support from the US Exim Bank.
Gol has previously worked closely with Boeing to develop the 737-800 Short Field Performance aeroplane, with short runway take-off and landing capabilities.
News this week that Brazilian tourist industry has increased by 134 per cent in three years is likely to create a higher demand for these new aircraft as more holidaymakers enter the country.
Furthermore, in 2010, San Gonzalvo airport is due to open in the north-eastern area of Brazil and will be the fourth largest airport in the world.
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