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In 2014, Gol was ranked the second best low-cost airline in South America after Azul. Gol refers to itself as a low-cost carrier, but it is increasingly not regarded as such. According to UFRJ specialist Elton Fernandes, Gol's costs are not very different from those of TAM Airlines.
Gol Linhas AÃ©reas Inteligentes S.A BM&F Bovespa: GOLL3, GOLL4 / NYSE: GOL is a Brazilian airline based in Rio de Janeiro, Brazil. According to the National Civil Aviation Agency of Brazil, between January and December 2015 Gol had 35.9% of the domestic and 13.6% of the international market shares in terms of passengers per kilometer flown, making it the largest low-cost airline in South America and the second largest Brazilian airline company by market share and fleet size, after LATAM ...