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GOL Linhas Aereas Inteligentes SA ( (GOLLQ) ) just unveiled an update.
GOL Linhas Aéreas Inteligentes S.A., part of the Abra Group, has submitted its monthly operating reports for November 2024 to the US Bankruptcy Court as part of its ongoing Chapter 11 process. The report details financial information such as net revenue, EBIT, EBITDA, and net debt, with the company noting a net loss for the period. The submission is part of GOL’s restructuring efforts, and the financial data is preliminary, unaudited, and prepared per US Bankruptcy Code methodologies. This move is crucial as GOL continues its reorganization, impacting its financial transparency and potentially influencing stakeholder confidence.
More about GOL Linhas Aereas Inteligentes SA
GOL Linhas Aéreas Inteligentes S.A. is one of Brazil’s leading airlines and a member of the Abra Group. Founded in 2001, it boasts the lowest unit cost in Latin America and aims to democratize air transport under the motto ‘Being the First for All.’ The company has strategic alliances with American Airlines and Air France-KLM, enhancing connectivity through more than 60 codeshare and interline agreements. GOL also operates the Smiles loyalty program and GOLLOG for cargo transportation, with a standardized fleet of 138 Boeing 737 aircraft and a workforce of 13,900 professionals dedicated to safety. Its shares are publicly traded on B3 under the symbol GOLL4.
YTD Price Performance: 0.0%
Average Trading Volume: 17,346
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $93.35M
For a thorough assessment of GOLLQ stock, go to TipRanks’ Stock Analysis page.
