GOL Airlines’ August Losses Soar: Net Loss Doubles to R$544 Million

GOL Airlines released its August 2024 financial report, revealing a significant deterioration in the company’s financial health since July. GOL reported a net loss of R$544 million ($100 million), more than doubling July’s loss of R$221 million ($41 million). This stark increase highlights the airline’s ongoing struggles amid its Chapter 11 bankruptcy process. The report […]