Saturday, September 17, 2022

Brazil’s Gol Airline to Pay $41 Million to Settle Bribery Charges

Ouch. Still, it could have been a lot worse for one of Latin America's largest airlines, which is paying less than half of the original penalties that were subsequently waived. The airline, which reported a loss last quarter, made the case it did not have the money to pay all $87 million. -Tom Lowry