GOL reports 1Q net profit down on taxes; revenue up on higher demand

Credit: Rob Finlayson
São Paulo-based LCC GOL reported a BRL220.8 million ($66.8 million) net profit for the first quarter of 2018, down 6% from BRL234.9 million in 1Q 2017. The airline recorded BRL65.6 million in income tax payments for the quarter, contrasted with a BRL79.1 million income tax benefit the airline...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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