Gol shares move up

Dino D'Amore
By Dino D'Amore October 22, 2013 21:35

Gol shares move up

Shares of Gol Linhas Aereas Inteligentes have moved up to trade above $5 per share after falling to a low of $2.74 from a high of $7 earlier in the year.

The prospects of Gol initiating more codeshare agreements with Air France-KLM and Lufthansa have helped to lift its share price, so too has the potential for a drop in jet-fuel tax by the Brazilian government seeking to aid airlines suffering from the weakness of the Brazilian real currency.

Dino D'Amore
By Dino D'Amore October 22, 2013 21:35
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