Carolina Marcondes and Brad Haynes – Reuters, 07/11/2012
(Reuters) – Brazilian airline Gol Linhas Aereas said on Wednesday it is expanding its South American destinations and will adjust international routes where the carrier’s occupancy has fallen short of competitors.
Beginning this month and next, Gol will offer direct flights from Sao Paulo to Montevideo, Asuncion and Santa Cruz, Bolivia. It will also increase the frequency of flights to Buenos Aires from Brazil’s southern states, according to a company statement.
The adjustments to Gol’s international routes come as the carrier slashes around 100 domestic flights from its network. Gol is also cutting about 2,500 employees this year after losing 710 million reais ($350 million) in 2011 due to poorly controlled growth and soaring fuel and labor costs.