IBOV 208,207.40 ▲ 1.53% IPSA 10,917.53 ▼ 0.50% IPC MEX 69,010.67 ▲ 0.12% MERVAL 3,017,221 — — COLCAP 2,520.99 ▼ 0.01% BVL PERÚ 59,903.86 ▲ 0.31% USD/BRL5.02▼ 0.29% USD/MXN18.42— 0.00% USD/CLP974.05▼ 0.74% USD/COP3,177▲ 0.07% USD/PEN3.42▼ 0.60% USD/ARS1,525▲ 0.02% USD/UYU40.13▲ 2.70% USD/PYG5,704▲ 3.09% USD/BOB11.65▲ 2.79% USD/DOP61.26▲ 2.78% USD/CRC448.07▲ 1.61% USD/GTQ7.64▲ 2.99% USD/HNL26.86▲ 3.12% USD/NIO36.62▲ 2.57% USD/VES879.67▼ 0.03% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.14% EUR/BRL5.64▼ 0.70% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 208,207.40 ▲ 1.53% IPSA 10,917.53 ▼ 0.50% IPC MEX 69,010.67 ▲ 0.12% MERVAL 3,017,221 — — COLCAP 2,520.99 ▼ 0.01% BVL PERÚ 59,903.86 ▲ 0.31% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Tuesday, October 20, 2026

Brazil Business - Brazil

Celso Ferrer Boeing: Gol CEO Jumps to Planemaker

By · August 13, 2026 · 6 min read
A Gol Linhas Aéreas Boeing 737.
Gol’s departing CEO is moving to Boeing.

A pilot-turned-boss who steered Gol through bankruptcy is now switching sides — from buying Boeing jets to selling them.

Here is the Celso Ferrer Boeing news you should have on your radar: the man who ran Brazil’s Gol Linhas Aéreas is leaving the airline to lead Boeing across Latin America and the Caribbean. It is a rare move that ties a freshly restructured Brazilian carrier to the American planemaker that builds almost every jet it flies.

Key Facts

  • The move Gol CEO Celso Ferrer is leaving to run Boeing’s Latin America and Caribbean division.
  • New title He becomes President of Boeing Latin America and the Caribbean, starting 4 September 2026.
  • Reports to Dr. Brendan Nelson, President of Boeing Global.
  • Successor André Fehlauer, ex-president of loyalty firm Livelo, takes over as Gol CEO in September.
  • Last day Ferrer steps down at Gol on 31 August 2026.
  • Backdrop Gol left U.S. Chapter 11 in June 2025 and is ~80% owned by Abra Group, Avianca’s parent.

What the Celso Ferrer Boeing move means

Ferrer spent about four years as Gol’s chief executive. He started at the airline as an intern, trained as a pilot, and rose through the ranks to chief operating officer before taking the top job.

Now he takes over as President of Boeing Latin America and the Caribbean on 4 September 2026. He will report to Dr. Brendan Nelson, who leads Boeing Global. His last day at Gol is 31 August.

Think of it as a switch of chairs at the same table. For years Ferrer sat on the buyer’s side, ordering and flying Boeing 737s. Now he sits on the seller’s side, representing Boeing to airlines and governments across the region.

Who takes over at Gol

Gol has named André Fehlauer as its new CEO, effective September 2026. This is a permanent appointment, not a caretaker fix.

Fehlauer is not a stranger to the group. He was most recently president of Livelo, a big Brazilian loyalty-points company, and he previously ran Smiles, Gol’s own frequent-flyer program. He also spent time at Citi in the United States.

One industry read on the swap: a technical boss who knows aircraft is leaving, and a manager who knows deals and relationships is coming in. That people-and-partners skill set matters, because Gol now answers to foreign shareholders.

The Chapter 11 backdrop

Gol filed for U.S. Chapter 11 bankruptcy protection in early 2024. It used the American courts to renegotiate debt, leases, and aircraft contracts while it kept flying.

The airline emerged on 6 June 2025 after a roughly 16-month process. It raised about US$1.9 billion (R$9.8 billion) in financing and left the process with close to US$900 million (R$4.6 billion) in cash.

Gol and its owner, Abra Group, also agreed to wipe out around US$2.55 billion (R$13.2 billion) in debt. Abra — the parent of Colombia’s Avianca — now controls roughly 80% of Gol, so the two carriers share an owner even though they keep separate brands.

Why this matters if you live in or invest in Latin America

If you live in Brazil or fly its skies, Gol is hard to avoid. It is one of the country’s three big airlines, it flies an all-Boeing 737 fleet, and it runs routes you likely use between São Paulo, Rio and the rest of the region.

A steady hand at the top affects your fares, your schedules, and how fast the airline adds seats after its restructuring. And if you hold the stock or watch the sector, leadership at both Gol and Boeing shapes the aircraft orders, pricing and expansion plans that drive returns.

Boeing’s bet on the region

Boeing is leaning on someone who knows the customer’s pain points from the inside. Ferrer has lived through fuel spikes, currency swings and a bankruptcy, so he understands what regional airlines actually need.

For Boeing, Latin America is a growth market where low-cost carriers keep adding 737s. Hiring the outgoing head of a major 737 operator is a clear signal the company wants to deepen those ties.

Sources: Boeing (via Mirage News); Reuters; NeoFeed; Panrotas; Travel Weekly; Simple Flying.

Frequently Asked Questions

Is Celso Ferrer really leaving Gol?

Yes. Gol has confirmed Ferrer steps down as CEO on 31 August 2026 to join Boeing.

What is his new job at Boeing?

He becomes President of Boeing Latin America and the Caribbean on 4 September 2026, reporting to Boeing Global chief Dr. Brendan Nelson.

Who is the new Gol CEO?

André Fehlauer, former president of Livelo and ex-CEO of Gol’s Smiles loyalty program, takes over in September 2026.

What is Gol’s link to Boeing and Abra?

Gol flies an all-Boeing 737 fleet and is about 80% owned by Abra Group, the parent company of Avianca, after exiting U.S. Chapter 11 in June 2025.

RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Mexico says Trump raised US gas sales in trade talks”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.