Gol’s R$5.1 Billion Loss Signals Tough Road Ahead for Brazil’s Airline

Gol Linhas Aéreas Inteligentes S.A. (GOLL4) shocks investors with a R$ 5.1 billion ($895 million) net loss in Q4 2024, reports the company’s latest earnings. This figure multiplies the R$ 1.098 billion ($193 million) loss from Q4 2023 by 4.7 times. Rising financial expenses and operational costs drive this plunge, exposing the airline’s struggle amid […]