Fuel, Currency Weakness Send Brazil’s Gol Into Red

Brazil’s Gol Linhas Aereas Inteligentes SA, battered by higher fuel expenses and currency fluctuations, posted a steep third-quarter 2018 loss of BRL409 million ($110 million). The São Paulo-based airline saw revenues climb 8.3% to BRL2.9 billion, while expenses jumped 15.6% to BRL2.7 billion. The...

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