Gol and Varig parent Gol Linhas Aereas Inteligentes suffered a BRL294.3 million ($131,1 million) loss in the third quarter, reversed from a BRL45.5 million profit in the year-ago period, as special charges eclipsed improvement on the operating level. The company, which continues to integrate the LCC operation with Varig following their official merger into a single airline on the last day of the quarter (ATWOnline, Oct. 13), took a BRL261.8 million noncash foreign exchange loss and saw ...

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