World Routes 2012 - skyscraper

GOL falls to 3Q loss on dollar appreciation, rising costs

Posted 14/11/2011

Brazil's GOL incurred a third-quarter net loss of BRL516.5 million ($293.2 million), reversed from a BRL110 million net profit earned in the year-ago period, but emphasized the deficit is mostly related to non-cash charges.

Originally published 11 Nov 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/Uz_pQBWQQu8/gol-falls-3q-loss-dollar-appreciation-rising-costs-1111

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