Brazil airline Gol says This fall revenue halved as Boeing MAX grounding continues

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Brazil airline Gol says This fall revenue halved as Boeing MAX grounding continues

SAO PAULO, Feb 20 (Reuters) - Brazilian airline Gol, Boeing Co's BA.N largest Latin America buyer,


SAO PAULO, Feb 20 (Reuters)Brazilian airline Gol, Boeing Co’s BA.N largest Latin America buyer, mentioned its revenue virtually halved to 352 million reais ($80.37 million) within the fourth quarter as its MAX fleet remained grounded after two lethal crashes.

Total Gol, which made a revenue of 675 million reais within the fourth quarter of 2018, posted a lack of 117 million reais final 12 months. It mentioned in a securities submitting it now expects the MAX to fly once more early within the second half of 2020.

($1 = 4.3795 reais)

(Reporting by Marcelo Rochabrun; Enhancing by Jan Harvey)

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