Gol Linhas Aéreas Inteligentes SA $GOL, a leading Brazilian airline, is focusing its efforts on global expansion as it emerges from Chapter 11 bankruptcy proceedings. This strategic pivot aims to enhance growth and reduce reliance on Brazil's domestic market, effectively mitigating risks associated with currency fluctuations and rising fuel prices. These economic variables have impacted Gol and its competitors, urging them towards financial restructuring and creditor protection.

Ryanair has marked the end of its financial year with a remarkable achievement, transporting 200.2 million passengers, aligning with analysts’ expectations. This milestone positions Ryanair as the first European airline to surpass 200 million passengers in a single year.