Financial News

Brazil’s Gol sees loss of 1.98 real per share in Q1

Reuters
Reuters
The logo of Brazilian airline Gol Linhas Aereas Inteligentes SA is seen on a tail of an airplane at Augusto Severo International Airport in Natal

(Reuters) – Brazilian airline Gol SA said on Monday it expects to report a loss of 1.98 real per share in the first quarter of 2022 and a loss of 78 cents per American Depositary Share.

The company also said its earnings before interest, taxes, depreciation and amortization (EBITDA) margin should be at about 11% in the quarter.

(Reporting by Carolina Pulice and Peter Frontini; Editing by Leslie Adler)

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