the airínea GOAL sale a la purchase of MAP Linhas Aéareas in a complex global panorama, but with a promising future in Brazil. Photo of AerolatinNews.
Amidst the purchase rumors of LATAM Airlines Brazil by the cada día máyou are powerful Blue, the Brazilian airline marketñor turnedó a mover.
Despite the complex situationón of the market aéworld criminal, on Brazil the news continues and silently, GOAL goes for the purchase of MAP, A childñor ATR aircraft operator that operates mainly in Manaos, north of BrazilñO.
VOEPASS Lines A controllerséreas announced this Tuesday 8 the formalizationón of a purchase and sale contract of the company MAP Linhas Aéreas, with GOL Linhas Aéareas as a buyer. The negotiationón implies that GOL assumes all MAP operations, including the 26 slots at Congonhas airport. The closing of the deal isá subject to conditions precedent, including approvalón by CADE and ANAC.
MAP currently has a fleet of seven aircraft of the models ATR 72 and ATR 42, that serve 11 destinations in the regionón north of Brazil, además de 26 slots to define the network stratégica from Congonhas Airport, and São Paulo. All flights currently in operationón se maintainendrán without any alterationón to VOEPASS' own network.
For VOEPASS, the sale of MAP is stratélogical and represents a step to reduce your debts, improve managementócheckout number and allowá, in the medium term, come recover usón económica.
“The planningón and 2019 indicó a strong recoveryóVOEPASS number since the first semester of 2020. Nevertheless, with the pandemic, all expectations were disappointed, and startedó the fight for the survival of the companyñía, going through the worst crisis in the history of aviationóworld no. With the sale of MAP, in the medium term, we will generate a scenario más cash balancing and alsoén de nuestra operationón aérea”, emphasizes Joséé Luiz Felício son, General manager of the company.
La operationón of buying and selling is basedó in the assumptionón, by GOL, of MAP's financial commitments, además from expansionsón of capacity purchase operations (CPA) by VOEPASS. Currently, the company operates CPA contracts for GOL with flights to 15 destinations in all regions of Brazil.
For Eduardo Busch, director general de VOEPASS, The sale of the asset is essential for the future of the company.
“Initially, little changeá in managementón of VOEPASS, since there will be noá contributionón of resources to the company's cash. Hornbeamá the exemptionón of some short-term debts that redoundán in better managementócash no.. CPA operations, in the medium term, to allowá the company recover its financial health and meet all its commitments, toasting theí an excellent opportunity for recoveryón económica of the markets, with the expandión of the regional aviation networkón a Brazil.”
VOEPASS reiterates that all operationséareas carried out in the Regionón North remain, without changes, and that maintains its expansion planón at this locationón a Brazil, working to identify infrastructure bottlenecks together with SAC and ANAC so that it can expand destinations served in the states of Pará, Amazonas, Acre y Rondônia.
GOAL and VOEPASS consultán immediately to regulatory agencies for approvalón of the transactionón of buying and selling, without date to complete and without indicating the values of said purchase.
