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TAM Posts Decent Results – Analyst Blog

Brazilian airport operator TAM S.A. (TAM) reported decent results for the third quarter of fiscal 2010 with a 31.6% increase in adjusted net income and a 23.4% rise in adjusted revenue. Adjusted net income excludes the reversal...

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GOL’s Upbeat Results – Analyst Blog

The first Brazilian low-fare airline, GOL Linhas Aereas (GOL) reported net income of R$110.0 million (US$62.5 million) for the third quarter of 2010 compared to R$77.9 million (US$41.4 million) in the year-earlier quarter. The...

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