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7.50%Beta
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Gol Linhas Aéreas Inteligentes S.A. (GOL) Q3 2024 Earnings Conference Call November 13, 2024 7:30 AM ET Company Participants Celso Ferrer - President and CEO Eduardo Gotilla - EVP, CFO and IRO Conference Call Participants Operator Welcome to GOL Linhas Aereas Conference Call to discuss the Third Quarter 2024 Results.
SÃO PAULO, Aug. 14, 2024 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4), one of the leading airlines in Brazil and part of the ABRA Group, announced today its consolidated results for the second quarter of 2024 (2Q24).
Bankrupt Brazilian airline Gol on Monday received a U.S. court's permission to probe rival LATAM Airlines' alleged effort to poach Gol's Boeing 737 aircraft.
Brazilian airline Gol is considering filing for Chapter 11 bankruptcy in the United States within the next month, newspaper Folha de S.Paulo reported on Sunday, citing sources familiar with the matter.
Brazilian airline Gol believes that quality issues across the aviation industry must be assessed and mitigation plans put in place so risks can be minimized, it told Reuters in a statement on Thursday.
Gol Linhas (GOL) benefits from the continued recovery in air-travel demand.
Gol Linhas (GOL) records year-over-year fall in traffic and capacity for December 2023.
The consolidated load factor increases to 85% in November at Gol Linhas (GOL).
Gol Linhas Aereas has seen margin expansion due to cheaper jet fuel and recovery in the Brazilian airline market. However, the company's margin expansion may be limited due to more expensive fuel and increased competition. Gol's recapitalization plan through convertible debt and warrants will lead to significant dilution for future shareholders.
Gol Linhas' (GOL) load factor for October 2023 improves to 84.5% from 81.4% in the year-ago month, owing to upbeat traffic.
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