Gol Linhas Aereas Inteligentes SA (GOL.N)
|Market Cap (Mil.):||$738.55|
|Shares Outstanding (Mil.):||278.86|
* Recovering EBIT signals gradual turnaround from 2012 loss
Brazilian airline Gol Linhas Aereas Inteligentes SA and U.S. partner Delta Air Lines Inc said on Thursday they were extending their codesharing pact to Delta's flights between the United States and Brazil.
Mitsubishi UFJ buys DB real estate loans () Gol unveils offering for air miles unit () Israel's richest man risks anger over UK move ()
* Gol shares gain more than 5 pct (Recasts; Adds analyst comment, share movement,)
SAO PAULO, April 8 - Gol Linhas Aéreas Inteligentes SA plans to raise up to 1.35 billion reais ($681 million) in the initial public offering of its Smiles SA customer loyalty unit, Brazil's No. 2 airline said on Monday in a regulatory announcement.
SAO PAULO, April 5 - Shares of Brazilian airline Gol Linhas Aereas Inteligentes reversed losses in Friday afternoon trading and rose about 2 percent after Brazil's government said it was considering extending financial aid to the country's beleaguered airline sector.
SAO PAULO, March 26 - Brazilian airline Gol Linhas Aereas Inteligentes SA may continue cutting domestic flights into 2014, Chief Executive Paulo Kakinoff told journalists on a Tuesday call to discuss fourth-quarter earnings.
* Reduces flight schedule after $222 million fourth-quarter loss
Gol Linhas Aéreas Inteligentes SA, Brazil's No. 2 airline, said late on Monday that it will take a 140 million reais ($70 million) one-off charge for non-recurring expenses in the company's fourth-quarter results related to the shutdown of its subsidiary Webjet. The airline announced a decision to close Webjet on Nov. 23, which resulted in the dismissal of 850 workers. The decision to fire the staff and close Webjet has resulted in a series of legal lawsuits against Gol.
Brazilian airline Gol Linhas Aereas said on Friday it had selected banks to lead a possible initial public offering of its Smiles customer loyalty program, to be discussed at a Feb. 8 meeting of its board. The company did not say in the securities filing which banks had been selected. (Editing by Carol Bishopric)