Airline

Brazil's GOL hit by financial expenses in first quarter 2024, swings to net loss

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Brazil's GOL hit by financial expenses in first quarter 2024, swings to net loss

Brazilian airline GOL reported a recurring net loss of 130.2 million reais ($25.3 million), swinging to a loss after its net profit of 136.4 million reais ($26.6 million) in the first quarter last year. The low-cost airline was largely knocked down by financial expenses throughout the quarter after ...

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