View Single Post
Old 05-16-2013 | 07:58 AM
  #130310  
FlyZ
Gets Weekends Off
 
Joined: Jan 2011
Posts: 403
Likes: 0
Default

Gol Shifts to Add Routes Abroad With Cuts Reaching Limit - Bloomberg

"In targeting Santo Domingo as a place to reach into the U.S. and other markets and boost sales in foreign currency such as the dollar, Gol is taking a “logical” step, said Stephen Trent, a Citigroup Inc. analyst in New York.
“They are tapping into high-density long-haul traffic where there’s been a low supply of Brazil-originating flights to the U.S.,” he said. “These guys really are in a good position to return to more normal growth and profitability.”

Remember when we all got anxious as the GOL thing was announced? The ALPA APC reps said "nothing to worry about - GOL flying is pretty much all domestic..." Well, maybe not so much.

Also, I hope we have some cash left over after the stock buy back and dividends. Our Latest and Greatest international "partner" V Atlantic just announced record losses. They might need a further cash infusion soon if we are going to use them to do our international flying for us! They have a lot of big planes that need to be filled with Delta passengers...