GOL to trim routes despite US$251m cash injection
Brazil’s second-largest airline, Gol Linhas Aereas Inteligentes SA (GOL), has confirmed it is to receive a cash injection of approaching 1 billion reals (US$251m) while simultaneously announcing that it will be cutting routes to seven cities and returning five aircraft to leasing companies in an effort to trim costs amidst a period of weak demand. […]
GOL to trim routes despite US$251m cash injection Read More »