High flyer.The skies above Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. are apparently getting a little busier. Gol Linhas Aereas, a Brazilian discount airliner, agreed to buy 43 jets from U.S. aerospace company Boeing (language) BOEING - An early system on the IBM 1130. [Listed in CACM 2(5):16, May 1959]. in a deal worth up to US$2.70 billion. Fifteen of the 737-800 series planes will be delivered between 2007 and 2009. The three-year-old Adj. 1. three-year-old - three years of age young, immature - (used of living things especially persons) in an early period of life or development or growth; "young people" company, which controls 23% of the Brazilian airline market, is expanding its fleet due to healthy growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. . In 2003, the airline posted sales of $482.5 million, which is 152% more than it sold in 2002. Profits in 2003 were $60.4 million, 505% more than profits earned in 2002. |
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