GOL widens losses in 3Q; defers adding new 737s

Credit: Rob Finlayson
São Paulo-based low-cost-carrier GOL reported a 2015 third-quarter net loss of BRL2.1 billion ($512 million), widened from a net loss of BRL245.1 million in the year-ago quarter . In a statement to shareholders, GOL CEO Paulo Sérgio Kakinoff said he attributed the loss to due to the depreciation of...

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