Goldman Sachs Gives Gol, Tam Airlines Buy Ratings

Posted on January 4, 2011 • Filed under: Brazil, Business, Latin America Aviation, TRAVEL

Goldman Sachs gave buy ratings to Brazilian carriers Gol Linhas Aereas Sa and Tam Sa , as Latin America’s middle class expands further amid strong economic activity. “Less than a third of Brazilian families are potential air travelers today,” the financial services firm said in note to clients. Read Article

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