Brazil’s GOL aims for 7% operating margin in 2017 guidance

Credit: Rob Finlayson
São Paulo-based low-cost carrier (LCC) GOL is estimating its 2017 operating margin (EBIT) will be in the 5%-7% range, the airline said Dec. 22. GOL’s preliminary financial guidance for the coming year is on par with its 6% EBIT guidance for 2016 . GOL’s total seat guidance for 2017 shows a decrease...

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