GOL widens 2012 loss to $787 million

Credit: Rob Finlayson
Brazil’s GOL has reported a 2012 full-year net loss of BRL1.58 billion ($787 million), widened 58.4% from a BRL1 billion net loss in 2011. Fourth-quarter net loss was BRL$447.1 million, reversed from a net profit of BRL54.3 million in the year-ago period. Full-year net revenue was BRL8.1 billion, up...

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.