What Happened
Brazilian Carrier Names Interim Leader Following Founder's Passing
Brazilian airline Gol Linhas Aéreas has appointed Antonio Kandir as its new interim chairman, following the death of company founder Constantino de Oliveira Junior. Kandir, who previously served as vice chairman of Gol’s board, will lead the board’s work while the company evaluates longer-term governance arrangements. Under de Oliveira Junior’s leadership, Gol introduced the low-cost carrier model to Brazil, dramatically expanding access to flying. The airline has been navigating financial pressures and restructuring efforts in recent years. This development was first reported by AeroTime.