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Castlelake Provides Financing to GOL

Furthering its relationship with Brazil’s largest domestic airline, Castlelake will provide financing to GOL Linhas Aéreas for the acquisition of new Boeing 737 Max 8 aircraft.

Castlelake, a global alternative investment manager with 16 years of experience investing in, financing and managing aviation assets, today announced it has reached an agreement to provide GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), with financing for the acquisition of new Boeing 737 Max 8 aircraft. The transaction is expected to comprise 10 finance leases and two additional sale-leasebacks. 

The transaction represents the latest of several partnerships between Castlelake and GOL, Brazil’s largest domestic airline. Since 2005, Castlelake has invested more than $15 billion in aviation opportunities and has acquired or managed more than 650 aircraft. Castlelake’s differentiated aviation expertise and dedicated team of more than 60 professionals allows the firm to attempt to provide innovative, tailored capital solutions to aviation industry participants, including airline loyalty programs, airlines and other aircraft buyers.

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