GOL Boeing 737-800
Brazilian low-cost carrier GOL posted a first-quarter net loss of BRL96.1 million ($43.4 million), widened from a net loss of BRL75.3 million in the year-ago quarter. First-quarter operating revenue was up 19.7% to BRL2.5 billion while expenses increased 18.5% to BRL2.35 billion, producing an operating income of BRL144.4 million, up 42.8% year-over-year. GOL said the operating results were “fueled by a new level of load factor, which reached a record 76%, which together with the ...
Subscribe to Access this Entire Article
"GOL widens 1Q losses, increases international presence" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.