São Paulo-based low-cost carrier (LCC) GOL is estimating its 2017 operating margin (EBIT) will be in the 5%-7% range, the airline said Dec. 22. GOL’s preliminary financial guidance for the coming year is on par with its 6% EBIT guidance for 2016. GOL’s total seat guidance for 2017 shows a decrease of -3% to -5%; capacity will drop modestly, between 0% and -2%. The airline expects to operate an average fleet of 115 aircraft. By the end of 2016, GOL will have 122 ...

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