Brazilian low-cost carrier GOL posted a full-year 2013 net loss of BRL724.6 million ($306.4 million), cutting by more than half (52.1%) the BRL1.51 billion loss the airline posted in 2012. GOL’s 2013 revenue rose 10.5% to BRL8.95 billion as expenses fell 3.5% to BRL8.69 billion, producing an operating profit for the year of BRL266 million, rebounding from the BRL905.6 million operating loss the airline reported in 2012. Full-year yield grew 19% to BRL 23.42 cents as RASK grew 15.5% ...

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