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Gol says airline price competition subsided since April
May 10, 2017 / 6:35 PM / 8 months ago

Gol says airline price competition subsided since April

SAO PAULO, May 10 (Reuters) - Brazilian airline Gol Linhas Aereas Inteligentes SA has seen price competition subsiding since April after a spike in March, Chief Financial Officer Richard Lark told analysts on a Wednesday conference call.

Demand in Brazil’s travel market has been stable, and there is no sign of an inflection point leading to growth, he added. (Reporting by Brad Haynes; Editing by Phil Berlowitz)

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