LATAM, Gol Suffer As Brazil’s Economy Declines

Credit: Airbus
A second-quarter collapse in both yields and revenues per available seat-kilometers (RASK) are forcing Brazil’s two largest airlines, TAM and Gol, to drop capacity even lower. Gol announced plans on Aug. 14 to reduce capacity in the second half of the year by 2-4% on its domestic routes. Gol said...

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