Low Cost Airline News - Latin America / Caribbean.
Gol said Friday that it will slow its growth owing to sluggish traffic in the Brazilian market, which has been beset by air traffic control problems . The carrier projects just 12% capacity growth in the domestic market for 2007 and 2008. As recently as March, its monthly domestic capacity increased 46.8%. While all Brazilian airlines have been hurt by ATC problems, the disruptions have hit the LCC, which counts on high aircraft utilization and fast turnarounds, especially hard. Jul 9, 2007
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|Date:||Jul 16, 2007|
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