Financial Insights That Matter
Brazilian airlines, already pressured by high interest rates and volatile fuel costs, face further losses from currency volatility and weather challenges, which test the sector’s operational resilience.
Azul and Gol, two of the country’s biggest operators, posted losses in the second quarter, hit by the rise in the dollar and the closure of a key airport following torrential rains in the south of the country, according to quarterly reports released this week.
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