GOL widens losses in 3Q; defers adding new 737s

Credit: Rob Finlayson
São Paulo-based low-cost-carrier GOL reported a 2015 third-quarter net loss of BRL2.1 billion ($512 million), widened from a net loss of BRL245.1 million in the year-ago quarter. In a statement to shareholders, GOL CEO Paulo Sérgio Kakinoff said he attributed the loss to due to the depreciation of...
Linda Blachly

Linda Blachly is Senior Associate Editor for Air Transport World and Aviation Week. She joined the company in July 2010 and is responsible for producing features for Air Transport World’s monthly magazine and engaging content for the aviationweek.com. She is based in the Washington DC office.

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