Brazilian carriers report USD1.1bn losses in 2Q2020

Brazil ANAC reported (22-Oct-2020) Azul, Gol and LATAM Airlines Brasil recorded a combined BRL6.2 billion (USD1.1 billion) in losses in 2Q2020. This represents a negative margin of 399.6%. Accumulated loses in 1H2020 total BRL15.7 billion (USD2.8 billion), a 129.6% negative margin. [more - original PR - Portuguese]