Brazil’s GOL Posts 2Q Net Loss

Credit: Rob Finlayson
São Paulo-based LCC GOL reported a BRL1.3 billion ($329.1 million) second-quarter 2018 net loss, deepened from a BRL409.5 million net loss a year ago, largely attributable to a steep 16% drop in the monetary exchange rate between the Brazilian Real and the U.S. dollar during the three-month period...
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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