On the Record · Gol Intelligent Airlines

Gol Intelligent Airlines acquisitions, on the record

The businesses Gol Intelligent Airlines bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
MAP Linhas Aéreas Word for word“Our acquisition of Brazilian domestic airline MAP Linhas Aéreas will further boost our ability to service these important, slot-constrained airports in Brazil.” 20-F for 2021	agreed acquisition	—	—
Smiles Fidelidade S.A. (Smiles) Word for word“In addition, in 2021, we increased our equity capital by R$420.7 million from our controlling shareholder-led capital increase and by R$606.8 million from our merger of Smiles Fidelidade S.A., or Smiles, our loyalty program subsidiary.” 20-F for 2021	merger	—	R$606.8 million
Smiles Word for word“The merger, concluded in September 2021, increased the competitiveness of both our airline and loyalty program businesses and allowed us to reduce operating, administrative and financial costs and expenses and strengthen our capital structure.” 20-F for 2021	merger	The merger, concluded in September 2021	—
minority interest in Smiles Word for word“In addition, in 2021, we had R$744.5 million in cash outflows for our acquisition of the minority interest in Smiles in the context of its merger with GLA, which effects were partially offset by R$420.7 million in cash inflows from our capital increase.” 20-F for 2021	acquisition	in 2021	R$744.5 million
Smiles Fidelidade Word for word“On September 1 st 2021, Smiles Fidelidade was merged into GLA, see Note 1.4 The subsidiaries GAC Inc., GOL Finance and GOL Finance Inc. are entities incorporated with the specific purpose of continuing the financial operations and related to the Company's fleet.” 20-F for 2021	merger	—	—
MAP Transportes Aéreos Ltda. Word for word“MAP may be acquired for R$ 28 million, to be paid only after meeting all precedent conditions, through 100,000 preferred shares (GOLL4) at R$ 28.00 per share and R$ 25 million in cash in 24 monthly installments.” 20-F for 2022	agreed acquisition	—	MAP may be acquired for R$ 28 million, to be paid only after meeting all precedent conditions, through 100,000 preferred shares (GOLL4) at R$ 28.00 per share and R$ 25 million in cash in 24 monthly installments.
VRG Word for word“In 2022, the superior court of tax appeals issued a decision in our favor, recognizing the deductibility of the goodwill amortization expense generated in the context of our acquisition of VRG.” 20-F for 2022	acquisition	—	—
Webjet Word for word“In the business combination of GLA and Webjet, slots were acquired, recognized at their fair values on the acquisition date and were not amortized.” 20-F for 2022	acquisition	—	—

Read from Gol Intelligent Airlines’s annual reports (20-F for 2023, 20-F for 2022, 20-F for 2021) and the financial data it files with the SEC, as of 2024-05-15. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.