Gol News Stories
May 14, 2013
Brazilian airline Gol posted a bigger net loss in the first quarter than a year earlier, as losses from currency hedges offset profitability gains from a year of cutting its payroll and flight network.
May 9, 2013
Brazilian airline Gol and US partner Delta Air Lines said on Thursday they were extending their codesharing agreement to Delta's flights between the United States and Brazil.
April 8, 2013
Shares of Brazilian airline Gol posted their biggest intraday gain in a month on Monday as buyout firm General Atlantic pledged to invest BRR400 million reais (USD$202 million) in the initial public offering of its Smiles customer loyalty unit.
April 5, 2013
The Brazilian government is considering extending aid to the country's beleaguered aviation sector, where airlines have been battling weak demand, rising costs and infrastructure problems, the country's civil aviation minister said on Friday.
March 26, 2013
Brazilian airline Gol may continue cutting domestic flights into 2014, chief executive Paulo Kakinoff told journalists on a Tuesday call to discuss fourth-quarter earnings.
February 5, 2013
Gol, Brazil's number two airline, said it would take a BRR140 million reais (USD$70 million) one-off charge for non-recurring expenses in the company's fourth-quarter results related to the shutdown of its subsidiary Webjet.
December 7, 2012
Brazilian airline Gol expects profit margins to recover in 2013 after cutting available flights and closing operations of its Webjet subsidiary, executives told analysts and investors.
November 23, 2012
Gol, Brazil's second-largest airline, will cut 850 jobs and reduce its fleet size next year as a result of the closure of its Webjet subsidiary, the company said in a securities filing on Friday.
November 14, 2012
Brazilian airline Gol posted a third-quarter net loss of BRR309 million reais (USD$150 million) as softer domestic demand and high fuel prices led to a deeper operating loss.
October 16, 2012
A Brazilian federal court on Monday upheld the conviction of two US pilots for their role in Brazil's second-worst airline disaster, a 2006 midair collision over the Amazon in which 154 people died.
October 15, 2012
Brazilian airline Gol said on Monday that its passenger yield fell about 4 percent in September from a year earlier even after it cut flights to restore profitability.
October 10, 2012
Brazilian airline Gol received approval from antitrust regulator Cade on Wednesday to buy rival WebJet.
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