GOL 4Q 2011 income drops 40%; reports loss for full year

GOL 737-800. By Rob Finlayson Brazil’s GOL Linhas Aéreas Inteligentes reported a 2011 fourth-quarter net income of BRL$54.3 million ($29.9 million), down 40% from BRL$132 million in the year-ago period. Net revenue rose 19.5% to BRL$2.2 billion, but expenses increased 41% to BRL$2.27 billion...

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.