Brazil’s GOL has received an $84.8 million loan guarantee from the US Export-Import Bank (Ex-Im) to support the export of its engine maintenance services to Delta TechOps in Atlanta. Under a five-year contract signed in December 2010, GOL CFM56-7B engines will be shipped from Sao Paulo to Atlanta for heavy maintenance, covering up to 253 scheduled and unscheduled engine removals. The loan will fund the first two years of the contract. GOL CEO Constantino de Oliveira Jr. said the ...

Subscribe to Access this Entire Article

"Ex-Im grants $84.8 million loan to GOL" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.