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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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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