GOL Linhas Aereas Inteligentes, the largest low-cost and best-fare airline in Latin America, has announced a net loss of R$672.7 million (US$222.80 million) for the first quarter of 2015. The airline reports net revenue of R$2.5 billion, which is stable compared to the same period of 2014. Ancillary and cargo revenue totaled R$277.8 million, an increase of 32.8% compared to 1Q14, representing 11.1% of total net revenue. International revenue recorded an 11.2% share of total net revenue, reaching R$279.6 million. In 1Q15, operating income (EBIT) reached R$153.8 million, with an operating margin of 6.1%, representing an increase of 6.5% over
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