Gol reported third-quarter net income of BRL77.9 million ($45.6 million), reversed from a BRL510.7 million loss in the year ago period when foreign exchange losses and interest expenses weighed down the bottom line. The Brazilian carrier said its positive quarter reflected the "optimization of its cost structure" as it continued to benefit from "synergies" created by the merger of Gol's and Varig's operations at the end of 2008. It also noted that it is focused "on more profitable markets," ...

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