GOL SWOT ANALYSIS: Posts second quarter of profitability
Latin America’s largest LCC, GOL Linhas Aéreas Inteligentes, posted its second consecutive quarter of profitability in 2Q2009, the carrier’s traditionally weakest quarter, as the LCC benefited from a significantly reduced its cost base, combined with yield and unit revenue improvements. This combination helped the carrier report a net profit of USD191, an impressive turnaround from a loss of USD90 million in the previous corresponding period.
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