Articles tagged “gol airlines”

Brazilian Air Regulator Criticizes Tweaks to Aviation Bill Meant to Encourage Competition

Brazilian Air Regulator Criticizes Tweaks to Aviation Bill Meant to Encourage Competition

Fabiola Moura and Mario Sergio Lima, Bloomberg

Brazil clearly wants foreign airlines to come in and help cut prices but in order to do so it probably needs to make regulations as attractive as possible.

7 months ago

Brazil’s Gol Airlines Stands to Thrive as a Big Local Competitor Falters

Brazil’s Gol Airlines Stands to Thrive as a Big Local Competitor Falters

Vinícius Andrade and Fabiola Moura, Bloomberg

About 80 percent of Gol's routes overlap with Avianca Brasil's, according to one analyst. Given those numbers, it makes sense Gol's fortunes are improving as its competitor stumbles. But will the good times last?

10 months ago

Brazil’s Airlines Struggle to Keep Up With Rising Fuel Prices

Brazil’s Airlines Struggle to Keep Up With Rising Fuel Prices

Vinícius Andrade and Fabiola Moura, Bloomberg

We keep hearing Brazil's economy is coming back. But many of the country's airlines are not racking up profits. The problem? They make their revenue in local currency, but many of their costs and much of their debt is in U.S. dollars. And the Brazilian currency has been losing significant value against the dollar.

1 year ago