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Brazil’s GOL posts 3Q net loss on higher fuel costs, currency weakness

Credit: Rob Finlayson
Brazilian LCC GOL Airlines, battered by higher fuel expenses and currency fluctuations, posted a steep third-quarter loss of BRL409 million ($110 million), reversed from a net income of BRL329.9 million in the year-ago quarter.

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.