GOL Linhas Aéreas has secured a US$160 million financing facility to fund maintenance, repair and overhaul work on eligible aircraft engines at GE Celma in Brazil. The structured line is backed by ABGF, Brazil’s state-linked guarantee fund manager, and gives the airline access to long-term maintenance funding through multiple drawdowns under a programme-style arrangement.
Each disbursement carries a 36-month tenor with quarterly payments. The financing is directed at engine shop visits rather than general corporate use, supporting fleet reliability while easing liquidity pressure after GOL’s recent restructuring. The structure also strengthens the carrier’s ties with Citibank, GE Aerospace and ABGF, while reflecting higher engine maintenance costs across the sector. GOL exited U.S. Chapter 11 earlier in 2026 with about US$1.9 billion in exit financing.