Auditors for Brazil airline Gol express concern about continuity after crisis
By Syndicated ContentJun 16, 2020 | 8:59 AM
SAO PAULO (Reuters) – Brazil airline Gol Linhas Aereas Inteligentes SA said on Tuesday that it will “probably” receive a warning from its independent auditors that there is doubt whether the company will survive the coronavirus crisis.
Rivals Avianca Holdings and LATAM Airlines Group have already received the so-called “going concern” warnings from their independent auditors. Avianca and LATAM filed for bankruptcy protection in the U.S last month.
(Reporting by Marcelo Rochabrun; Editing by Chizu Nomiyama)