Reuters logo
Brazil airline Gol sees stronger Q2 margins, profitability
July 5, 2017 / 12:00 PM / 5 months ago

Brazil airline Gol sees stronger Q2 margins, profitability

SAO PAULO, July 5 (Reuters) - Gol Linhas Aéreas Inteligentes , Brazil’s largest domestic airline, said on Wednesday its operating margins and profitability likely rose in the second quarter from the year before.

In a securities filing, Gol said earnings before interest, taxes, depreciation and amortization, a gauge of operating profit known as EBITDA, came in between 1.5 percent and 2 percent of net revenue, an increase of around 1,000 basis points.

Gol’s profitability as measured by net passenger revenue per available seat-kilometer, or PRASK, rose between 7.5 percent and 8.0 percent, the airline estimated. (Reporting by Ana Mano)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below