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Authorities approve GOL’s purchase of Brazil’s fifth-largest airline MAP

RIO DE JANEIRO, BRAZIL - The Administrative Council for Economic Defense (CADE) has approved without restrictions the acquisition of Brazil's fifth largest airline MAP Linhas Aéreas by GOL.

Founded in 2011, MAP airline owns a fleet of seven 70-seat ATR aircraft operating in the Amazon region routes out of Manaus Airport.

GOL announced the decision in a material fact released on Monday, January 3, and should become final on January 14.

Announced in . . .

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