Brazil airline Gol Linhas Aereas Inteligentes said Wednesday it will receive a total of 2.4 billion reais from Boeing Co as compensation for the grounding of the 737 MAX plane, which has not flown in over a year.
FILE PHOTO: The logo of Brazilian airline Gol Linhas Aereas Inteligentes SA is seen inside an airplane at Augusto Severo International Airport in Natal, Brazil November 23, 2018. REUTERS/Paulo WhitakerSAO PAULO: Brazil airline Gol Linhas Aereas Inteligentes said Wednesday it will receive a total of 2.4 billion reais from Boeing Co as compensation for the grounding of the 737 MAX plane, which has not flown in over a year.
The timing of the payments have become a lifeline for Gol that, as its peers worldwide, is reeling because of the coronavirus crisis.
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