American invests $200M in Brazil’s Gol, expands partnership

American Airlines is buying a $200 million stake in the Brazilian carrier Gol and the two airlines are strengthening their codesharing partnership, providing reciprocal frequent flyer benefits. “Together, we will be able to offer customers flying to, through and from Brazil, access to the largest network with the lowest fares and the Americas’ biggest and best joint travel loyalty program,” said American Airlines President Robert Isom.