Airline

GOL downgraded to B from B+ by S&P

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GOL downgraded to B from B+ by S&P

Brazilian airline Gol Linhas Aereas has had its corporate credit rating downgraded by Standard & Poor’s Ratings Services to 'B' from 'B+' and the airline has been removed from CreditWatch negative. S&P predicts that “cash flows at Brazilian airline Gol Linhas Aereas Inteligentes S.A. (G...

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