Gol’s second quarter net loss widens to $354 million

Gol Linhas Aéreas Inteligentes S.A. (Gol Transportes Aereas and Webjet Linhas Aereas) (Sao Paulo) reported its second quarter net loss expanded to $354 million due to fuel costs and its debt service.

Read the full report from the airline (in Portuguese): CLICK HERE

Read the analysis by the WSJ: CLICK HERE

Copyright Photo: Rodrigo Cozzato. “Smiles” is not the operative word at Gol’s headquarters with this financial  report. Boeing 737-809 PR-GIT (msn 28403) approaches the Sao Paulo (Guarulhos) hub while promoting the in-house “Smiles” frequent flyer program (click on the photo for the full view and further information).