September 29, 2006 - One hundred and fifty-four people are killed when a Boeing 737-800 operated by low-cost Gol airline crashes in the Amazon rain forest.

2006年9月29日——巴西低价航空公司Gol的一架波音737 - 800飞机在亚马逊雨林坠毁，154人罹难。

youdao

The failure of Brazil's state-owned airline, Varig, was a turning-point. It helped the rise of Gol, a Brazilian low-cost carrier, and TAM, which has a more traditional network.

巴西国有约格·朗德航空公司的失败成为转折点，它促进了巴西廉价航空公司——戈尔航空公司以及传统网络型航空公司——塔姆航空公司的兴起。

youdao

Back in 2004 Gol Linhas Aereas Inteligentes, the Brazilian discount airline, listed in New York with the help of Morgan Stanley.

FORBES: Brazilian IPOs May Boom in 2011, But Not In America

One such is Gol, Latin America's first publicly traded low-cost airline, which is not allowed to sell control to foreigners.

ECONOMIST: A rash of listings and an outbreak of shareholder democracy

Last year GOL, the country's second-largest carrier and itself a budget airline, quietly bought the remnants of VARIG, the national airline that had imploded after the government refused to save it.

ECONOMIST: Business travel