AERO TRADING GROUP Corp

GOL reports Q4 performance and updates investors

GOL reports Q4 performance and updates investors GOL Linhas Aéreas Inteligentes (GOL), Brazil’s largest domestic airline, has updated its financial forecasts in light of the expected approximately 30% increase in Brazilian jet fuel prices since the beginning of the year. For 2022, GOL states that it will maintain its focus on the fleet transformation and expects that by year end it will have 44 aircraft 737-MAXs in service, which will represent around 32% of the total fleet. As a result of this modernization process, GOL expects a reduction of approximately 8% in its unit cost (CASK). GOL says that it has reported its best quarterly operating results since the outbreak

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