Gol Airline Rallies After Revenue per Seat Advanced in June

Gol Linhas Aereas Inteligentes SA (GOLL4), Brazil’s second-biggest airline, rose the most in a month after reporting revenue per seat increased last month.

Shares gained 5.2 percent to 8.73 reais at the close in Sao Paulo. The benchmark Bovespa index gained 1 percent.

Gol reported in a regulatory filing yesterday that revenue per seat increased 7 percent in June from a year earlier.

To contact the reporter on this story: Denyse Godoy in Sao Paulo at dgodoy2@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

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