![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Gol Linhas Aereas Inteligentes SA | NYSE:GOL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.715 | 0 | 01:00:00 |
SAO PAULO--Brazilian low-cost airline Gol Linhas Aereas Inteligentes (GOLL4.BR, GOL) said Tuesday that it began daily flights to Miami over the weekend, part of the company's reorganization of its flight network.
Gol started operating daily flights from Sao Paulo and Rio de Janeiro to the North American city on Saturday, the company's press office said. The flights make a stop in the Dominican Republic capital of Santo Domingo, a flight path that allows Gol to continue operating its fleet of Boeing 737-800s, which don't have a long enough range for a direct flight to Miami.
Gol reported losses of more than one billion Brazilian reais ($480 million) in the first nine months of this year as costs rose and aggressive expansion in previous years led to flights with many empty seats. The company has said it will reduce seats on domestic flights by 5% to 8% in the first half of next year in an effort to boost profitability.
Meanwhile, the company has been reconfiguring international routes to increase revenue from flights to Latin America and North America. According to news reports, Gol, which sold a 3% stake to Delta Air Lines (DAL) at the end of last year, also plans to provide connections to Delta's hub in Atlanta to allow connections to other locations in the U.S.
Write to Paulo Winterstein at paulo.winterstein@dowjones.com
1 Year Gol Linhas Aereas Inteli... Chart |
1 Month Gol Linhas Aereas Inteli... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions