Brazilian LCC GOL Airlines narrowed its second-quarter net loss to BRL195 million ($51 million), compared with a BRL1.9 billion net loss a year earlier. The airline cited record revenue and increased domestic market share for the improved results. GOL’s net revenue was BRL$3.1 billion, its highest ever for a second quarter and an increase of 33.4% compared to 2Q 2018. Expenses jumped 29.4%, as the carrier’s bottom line was harmed by a 9.8% increase in the price of jet fuel and ...

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