Brazil airline Gol cutting capacity on weak demand

lunes 27 de julio de 2015 09:27 GYT

SAO PAULO, July 27 (Reuters) - Brazil's second biggest airline, Gol Linhas Aereas SA, is cutting capacity in the second half of 2015 by 1.6 percent from a year earlier due to weaker demand, executives said on a Monday conference call.

Brazil's biggest airline, the TAM division of regional heavyweight Latam Airlines Group SA said last week that it would reduce operations in the country by 8-10 percent due to a downturn in Latin America's largest economy. (Reporting by Alberto Alerigi Jr.; Editing by Meredith Mazzilli)