The deal appears actually to represent HGI Aircraft Division taking over an identical transaction originally announced by Passaredo itself on May 22, 2012, when it took delivery of the first of four new ATR 72-600 regional airliners leased from Air Lease Corporation.

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At the delivery ceremony for the first of four ATR 72-600s leased from Air Lease Corporation, Passaredo revealed it had ordered 10 more ATR 72-600s directly from ATR and had taken options on 10 more. In addition to its ATR 72-600s, Passaredo will also take two leased ATR 72-500s this year.

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As a result of the agreement, GOL will add the cities of Marilia, Ribeirao Preto, Sao Jose de Rio Preto (Sao Paulo), Barreiras, Vitoria da Conquista (Bahia) and Ji-Parana (Rondonia) to its route network. Operating through Passaredo, GOL will also offer eight new direct flights.

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