GOL 737-800. Photo: By Rob Finlayson GOL posted a second-quarter net loss of BRL358.7 million ($221.6 million), widened from a BRL51.9 million net deficit in the year-ago quarter.  Second-quarter revenue fell 1.5% year-over-year to BRL1.57 billion while expenses rose 19.8% to BRL1.84 billion, owing mainly to a 27.8% jump in fuel costs to BRL730.9 million. Traffic increased 13.4% to 7.6 billion RPKs on a 2.9% lift in capacity to 11.4 billion ASKs, producing a load factor of ...

Subscribe to Access this Entire Article

"GOL second-quarter loss widens to $222 million" 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.

Already registered? here.