25-Jun-2013 8:39 AM

Gol announces 9% year-on-year supply reduction in 2013

Gol announced (24-Jun-2013) plans to reduce domestic supply by 9% year-on-year in 2013, a cut which "reflects [Gol's] dynamic approach to adjusting operations in line with different economic scenarios". Gol also reiterated its operating margin of between 1% and 3% for 2013. [more - original PR - Portuguese]