Gol Linhas Aereas Inteligentes S.A. Sponsored Adr (GOLLQ) has released an update.
GOL Linhas Aéreas Inteligentes S.A., a major Brazilian airline, has reported a strong fourth quarter in 2023 with a net operating revenue increase of 6.7% to R$5.0 billion and a 0.6% rise in passenger numbers to 7.8 million. The company also saw a significant improvement in its EBITDA margin, reaching 32.0%, and benefitted from the addition of five new Boeing 737 MAX-8 aircraft, while reducing its net leverage to 3.7x.
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