GOL 2010 profit drops 76% to $129 million
GOL 737-300. Photo: By Rob Finlayson. GOL's 2010 net income of BRL214.2 million ($128.6 million) was down 76% from a 2009 profit of BRL890.8 million, a dip attributable in part to higher fuel costs, interest expenses and tax payments, the airline said Wednesday. Revenue for the full year grew 15.8%...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
