São Paulo-based low-cost-carrier GOL reported a second-quarter net loss of BRL354.9 million ($112.4 million). The result more than doubles its net loss of BRL145 million in the 2014 June quarter. GOL’s second-quarter revenue fell 10.5% year-over-year (YOY) to BRL2.13 billion as operating expenses increased 1.6% YOY to BRL2.38 billion; the company registered an operating loss for the quarter  of BRL251.1 million; by comparison GOL had an operating profit of BRL 37.8 ...

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