Originally Posted by
FlyZ
I didn't want this to get missed with all the Sandy news.
Remember when we made our $100M investment in GOL? It was sold as connecting our international network to their domestic network inside Brazil. "The deal with Delta will allow Gol to sell seats on Delta's flights between Brazil and the U.S. Delta will be able to sell U.S. travelers connections to Gol's Brazilian flights."
Delta Air Buys Stake in Brazil's Gol - WSJ.com
Well, now, not so much. Here's the latest assault on our flying:
"The Brazilian carrier plans to set up a hub in the Dominican Republic capital of Santo Domingo, from which it plans to operate flights to other locations in North America...
Brazil's Gol To Expand Overseas Routes, Cut Back at Home -Report | Fox Business
Looks like they are expanding international as we cut back.
And we have nothing in our contract to prevent our flying from being given away, right?
Looks like it will benefit us both.
Gol, which sold a 3% stake in itself to Delta Air Lines (DAL) at the end of last year, plans to take advantage of that partnership in overseas flights, Gol Chief Executive Paulo Kakinoff told Valor. The Brazilian carrier plans to set up a hub in the Dominican Republic capital of Santo Domingo, from which it plans to operate flights to other locations in North America, Valor said, citing Mr. Kakinoff. Gol can also fly its passengers to Delta's hub in Atlanta or offer Gol passengers connections on Delta flights out of Santo Domingo to other international locations, Valor said. The new flights are part of Gol's effort to increase the share of revenue it gets from international flights, which stands at 8% currently, Valor said. The newspaper didn't say how much revenue Gol seeks to get from international flights.