GOL finally getting back on track
After a very difficult 18 months, Brazilian LCC, GOL, appears finally to be heading in the right direction after a third quarter that hit key performance targets. The big recent reduction in the price of oil will help, as Gol seeks to reassert itself in the market. [822 words]
Unlock the following content in this report:
- Capacity reductions also in 4Q08; load factor reductions to continue
Graphs and data:
- GOL financial highlights for three months ended 30-Sep-08
- GOL's revised consolidated fleet from 2007 to 2012 (year-end) (previous Aug-08 guidance in brackets)
- GOL 2008 and 2009 guidance: Nov-08
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