Shares of Gol Linhas Aereas Inteligentes have moved up to trade above $5 per share after falling to a low of $2.74 from a high of $7 earlier in the year.
The prospects of Gol initiating more codeshare agreements with Air France-KLM and Lufthansa have helped to lift its share price, so too has the potential for a drop in jet-fuel tax by the Brazilian government seeking to aid airlines suffering from the weakness of the Brazilian real currency.
Related posts
SOUTHWEST SWEEPS THE BOARD IN SATISFACTION SURVEY
By
Dino D'Amore
30th November 2010