Global airlines in talks with Brazil's Gol as part of bankruptcy exit, reports local media

SAO PAULO (Reuters) - Global airlines are successful talks with Gol to put successful the Brazilian airline, which is undergoing Chapter 11 bankruptcy proceedings successful the U.S., section paper Valor Economico reported connected Tuesday, citing sources.

The study mentions U.S.-based companies United Airlines and American Airlines (NASDAQ:), arsenic good arsenic European firms Air France-KLM, International Airlines Group (LON:) and Lufthansa Group among the groups successful talks with Gol.

The Brazilian airline, which past week announced a memorandum of knowing to research a merger with section rival Azul, has been successful Chapter 11 bankruptcy proceedings since aboriginal 2024.

Valor Economico said the investments from planetary airlines would beryllium made arsenic portion of Gol's exit from Chapter 11.

Gol declined to comment. United Airlines, American Airlines, International Airlines Group and Lufthansa and Air France-KLM did not instantly respond to petition for comment.