Brazil’s GOL reports record 2Q revenue, narrows net losses

Credit: Rob Finlayson
[CORRECTED] São Paulo-based low-cost-carrier GOL reported a second-quarter net loss of BRL145 million ($65.8 million), narrowed from a net loss of BRL193.6 million in the 2013 June quarter. Second-quarter operating revenue improved 24.4% year-over-year to BRL2.38 billion as expenses increased 20.1%...

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