Gol still profitable despite Varig acquisition, industry upheaval

A turbulent year for Brazilian commercial aviation and the acquisition of floundering flag carrier Varig hit hard at Gol's bottom line as the LCC's Gol Linhas Aereas Inteligentes parent reported an 82% plunge in full-year profit to BRL102.5 million ($58.6 million) from the BRL569.1 million earned in...

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