Gol Linhas Aereas Inteligentes S.A.
The Brazilian economy is experiencing high inflationary pressure. Consumer prices in Brazil have increased 0.22% in August as against 0.62% recorded in July 2015.
The Brazilian real has been trading on a weaker note against the US dollar in the last year after depreciating by more than 40% against the US dollar.
Company & Industry Overviews
Short-term outlook above expectations The IATA (International Air Transport Association) has revised its forecast upwards on global airline profitability after the free fall of crude oil prices in the second half of 2014. Global net profit for 2014 is now estimated at $19.9 billion, higher than $18 billion projected in June. Profitability is expected to […]