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...

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.