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...

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.