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    Home»Economy»The newspaper says that without the credit, the Lebanese government will have to pay for the fuel in cash
    Economy

    The newspaper says that without the credit, the Lebanese government will have to pay for the fuel in cash

    Charlotte WhitmoreBy Charlotte WhitmoreJanuary 24, 2024No Comments2 Mins Read
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    The newspaper says that without the credit, the Lebanese government will have to pay for the fuel in cash
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    Amid rumors of a judicial recovery, GOL Linhas Aéreas will have to pay for the plane's fuel in cash, according to a report by O Globo.

    picture – Deposit photos


    GOL Airlines, which will attempt to move forward with contract negotiations with aircraft owners, LessorsThe application for judicial recovery (Chapter 11) will be analyzed in the United States of America, according to press reports last week. If this happens, not much will change in the process in Brazil immediately, but some suppliers will already be taking precautions.

    Newspaper the world It reveals that some fuel distributors only demand cash payment to refuel the company's Boeing 737 aircraft. Usually, payment is made later, into a kind of company “account”, where the amount due for several supplies is paid at once and on a periodic basis.

    The stoppage of fuel installments was one of the reasons for the collapse of the airlines Avianca Brasil (Oceanair), Itapemirim Transportes Aéreos (ITA) and Varig, which at the last minute were indebted to suppliers – which is not the case with GOL currently – and did not accept payment by credit.

    Gul stated, in a press release, that:It continues its previously announced efforts to improve its profitability and strengthen its balance sheet. Without mentioning details, denying or confirming the issue of the cash offer.




    He has been fascinated by airplanes since 1999, graduating in aeronautics and studying at Cal State Long Beach and Western Michigan University. #GoBroncos #GoBeach #2A

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    Charlotte Whitmore

    Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.

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