Gol sinks to loss; lowers full year forecast on ATC issues, Varig costs
Brazil's ongoing ATC problems and costs associated with recently acquired Varig sunk Gol to a second quarter net loss of BRL35.4 million ($18.3 million), reversed from a profit of BRL73.4 million in the year-ago quarter. "Loss was driven by the incorporation of Varig's results [and] sub-optimal...
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