Brazil’s GOL narrows 2Q net losses

Credit: GOL Boeing 737-800
Brazilian low-cost carrier GOL posted a second-quarter net loss of BRL433 million ($193.6 million), narrowed from a net loss of BRL715.1 million in the year-ago quarter. Second-quarter operating revenue was up 4.6% to BRL1.9 billion while expenses dropped 10.8% year-over-year to BRL1.95 billion...

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