Brazil’s GOL posts $74 million 1Q net profit

São Paulo-based low-cost carrier GOL reported a BRL232.7 million ($74.4 million) net profit for the first quarter of 2017, down 69.3% from BRL 242.1 million in 1Q 2016 . GOL continued to rationalize operations during the Brazilian summer to meet reduced passenger traffic, which was down 739,000...

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