Brazil’s GOL reports $306 million net loss in 2013

Credit: By Rob Finlayson
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...

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.