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Gol Linhas posts profit since 2011 after trimming ops

  Bloomberg Gol Linhas Aereas Inteligentes SA posted its first quarterly profit since 2011 after the Brazilian airline trimmed operations to compensate for plunging demand in its home market. First-quarter net income totaled 757.1 million reais ($219 million), compared with a loss of 672.7 million reais a year earlier, Gol said in a statement after the close of trading in ...

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Casino to buy Cnova e-commerce unit for upto $196 million

  Bloomberg French retailer Casino Guichard-Perrachon SA will pay as much as $196 million to buy out its Cnova NV online retail business, just a year and a half after listing about 6 percent of the unit in New York. Casino is offering $5.50 a share, it said in a statement on Thursday. That’s 62 percent higher than Cnova’s closing ...

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Surplus Singapore Air A380s set for paint shop to lure users

  Bloomberg Aircraft-leasing firm Doric is preparing to take back five Airbus Group SE A380 superjumbos from Singapore Airlines Ltd. starting next year, in a move that would be the first test of second-hand demand for the world’s biggest jetliner. While Singapore Air hasn’t officially decided to return the planes, London-based Doric and fellow owner Dr. Peters Fund KG of ...

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