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View Full Version : Gol Surges as Goldman Upgrades Shares, Cuts Rivals - Bloomberg



NewsWhore
03-04-2009, 03:10 PM
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Gol Surges as Goldman Upgrades Shares, Cuts Rivals (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaTBcfykEUJII%26refer%3Dlatin_america&cid=0&ei=z9KuSZvFG5CA7QPIsJGBBA&usg=AFQjCNFp6R2FhIvw2QdBAxwTfTit25bqFA)
Bloomberg
Currency losses may cost Tam another $120 million this year, she said. Gol has 17 percent of its estimated fuel consumption hedged from the second quarter through the fourth quarter at $60 per barrel. That may leave the carrier with a $26 million loss ...


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