Does this sound familiar?
“We remain committed to respond to the macroeconomic environment with strong discipline in seat supply, growth in load factor, continuous improvement in customer experience and cost reduction to generate better operating results. Particularly in the second quarter, seasonally the weakest in the year, we achieved good operational results, with recurring EBIT margin evolving significantly 8.8 p.p. over 2Q16”, commented CEO Paulo Kakinoff.
Despite a 3.0% reduction in the total number of ASKs, net revenue for the quarter grew 7.0% to R$2.2 billion, thanks to the rationalization of capacity, sharp yield management and optimization of aircraft utilization.
Statement from GOL's earnings release. They are up 6% today.
Yeah, there's no master plan for Delta to exercise control through equity stakes and board seats. Hmmmm............rrrrrright.
VA,AF/KLM,AM,CEA,GOL etc. Did I leave anyone out?