Delta’s Brazilian Partner GOL Picks Up a Lot of New 737s
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
Brazilian low-cost carrier GOL announced at the Farnborough air show on Monday that it ordered 30 737 MAX 10 and 15 737 MAX 8, which will make it the largest operator of the 737 MAX in Latin America. Delta Airlines owns 9% of the carrier; flyers can actually earn and redeem SkyMiles with GOL.
The ambitious airline is reportedly launching the world’s longest 737 service between Florida and Brazil, with the Orlando to Brasilia nonstop coming in at 3,778 miles. The MAX 10 can squeeze in 230 passengers in a single-class configuration over those long ranges, a reason low-cost carriers such as Ryanair frequently refer to the MAX aircraft as a “game changer”. The aircraft will have the lowest cost per seat mile in single-aisle jet market, Boeing says. You can expect to fly on one of those new 737s on the new GOL services from Florida, which begin in November.
The order will convert 30 737 MAX 8 aircraft already on order to MAX 10 aircraft, which values that portion of the deal at $384M on top of the $1.756B purchase of MAX 8 (each at list prices, factoring the conversion). With the purchase of GOL will have a total 135 MAX jets on order, with a view to flying a younger fleet.
“This new order aligns with our strategic policy of reducing operating costs by operating a standardized fleet. We are confident that the 737 MAX 10 will offer significant competitive advantages for GOL and enable us to continue to modernize with new aircraft. This airplane will allow us to continue lowering the cost of air travel across Brazil, as well as support a larger network, allowing us to add new destinations,” said Paulo Kakinoff, Chief Executive Officer of GOL, in a release.
GOL took delivery of its first 737 MAX airplane last month. The orders will continue to be delivered through until 2028.
Featured image of a Boeing 737 MAX 7 at the Farnborough Airshow on July 16, 2018 by BEN STANSALL/AFP/Getty Images
WELCOME OFFER: 60,000 Points
TPG'S BONUS VALUATION*: $1,200
CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners
*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.