Gol Linhas Aereas Inteligentes SA & Avianca Holdings SA Signing Of A Master Contribution Agreement - M&A Call Transcript
Thank you for joining us today. We are truly excited to announce that the principal shareholders of Colombia's Avianca and the controlling shareholder of Brazil's Gol have signed a landmark agreement to create a leading air transportation group across Latin America under the holding company structure name Abra Group. We will bring together iconic brands under a single group with a vision to create an airline group that tackles 21st century issues, making air travel increasingly simple, accessible, reliable and sustainable by driving economic development, further integrating Latin America with the rest of the world and minimizing the airlines' environmental footprint.
I am Roberto Kriete, Abra's Group Chairman. Here today, together with Constantino Oliveira Junior, Abra Group's CEO. I have spent my career working in the airline industry. I led Central America back up for 30 years, growing it from a carrier with 3 aircraft into an airline group that was generating $1 billion of revenue before merging with Avianca. I also founded the leading Mexican carrier Volaris in 2006. Today, I serve as
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