GOL Reports Monthly Financials Amid Restructuring

GOL Linhas Aereas Inteligentes SA (GOLLQ) has released an update.

GOL Linhas Aéreas Inteligentes S.A., a major Brazilian airline, disclosed its financial performance for August 2024 to the US Bankruptcy Court, as part of its ongoing Chapter 11 restructuring process. The report showed a net loss and outlined the company’s cash position, assets, and liabilities, cautioning that these figures are preliminary and not audited. This move is part of GOL’s commitment to transparency during its restructuring, with monthly operating reports to be released alongside or in lieu of quarterly financial results.

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