Gol reported a 73.4 million reais ($31.2 million) net profit for the second quarter ended June 30, barely up on income of R$73.2 million in the year-ago period. Operating income, however, dropped 8.4% to R$85 million from R$92.8 million. "Gol remains committed to its virtuous cycle of maintaining low costs, allowing us to offer the lowest fares and achieve the highest load factors in the Brazilian market, thereby driving industry-leading profitability," CEO Constantino de Oliveira Jr. ...

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