19 de junio de 2017 / 22:24 / hace 3 meses

Brazil's Gol says raises EBITDA estimate due to lower fuel costs

BRASILIA, June 19 (Reuters) - Brazil’s Gol Linhas Aéreas Inteligentes SA, the country’s largest domestic airline, said on Monday it expects its 2017 EBITDA margins to increase to between 12 and 14 percent from 11 to 13 percent.

The airline said in a filing that the upward revision is due to a smaller than expected increase in gasoline costs given a smaller increase in projected oil prices. (Reporting by Sao Paulo newsroom; Editing by Sandra Maler)

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