Gol-Avianca Parent Prefers Partnerships Over Capacity Expansion, CFO Says
The airline group would rather expand through partnerships than add aircraft to flood markets, its CFO said. It is navigating high fuel and borrowing costs.
The parent company of Brazilian airline Gol (GOLL54.SA) and Colombia’s Avianca would prefer to grow through partnerships rather than add large numbers of aircraft to markets, its finance chief said on Monday. The Latin American airline group is contending with high fuel and borrowing costs. “We could have…