Brazilian airline VASP reported a net loss of 87.1 million real ($48.2
million) in the first quarter this year, compared to a loss of 29.1 million
real in last year’s comparable period.
Sales at the carrier, buffeted by Brazil’s currency crisis and poor
economy, fell 12.5 percent to 405.3 million real.
LOSSES WIDEN AT BRAZIL’S VASP AIRLINES
LOSSES WIDEN AT BRAZIL’S VASP AIRLINES
