São Paulo-based low-cost-carrier GOL reported third-quarter net losses of BRL245.1 million ($100.5 million), widened from a net loss of BRL197 million in the September 2013 quarter. GOL’s third-quarter operating revenue improved 10.4% year-over-year to BRL2.46 billion as expenses increased 5.3% to BRL2.31 billion. The company’s resulting operating income for the quarter came to BRL152 million, more than tripling GOL’s BRL37 million reported operating profit for ...

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