Gol Posts Second Straight Profit on Stronger Brazilian Currency

  • Airline continues seeking ways to reduce debt burden, CEO says
  • Turnaround of carrier is ‘progressing,’ analyst says

Gol Linhas Aereas Inteligentes SA posted a second consecutive quarterly profit after a stronger real and lower fuel costs compensated for a drop in revenue amid Brazil’s weak demand for air travel.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.