SAO PAULO May 10 Brazilian airline Gol Linhas Aereas Inteligentes SA has seen price competition subsiding since April after a spike in March, Chief Financial Officer Richard Lark told analysts on a Wednesday conference call.
Demand in Brazil's travel market has been stable, and there is no sign of an inflection point leading to growth, he added. (Reporting by Brad Haynes; Editing by Phil Berlowitz)
PRESS DIGEST- British Business - June 28
June 28 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
UPDATE 1-Pan American Energy to invest $1.2 bln in Argentina in 2017
BUENOS AIRES, June 27 Argentina-based Pan American Energy, a unit of BP Plc, will invest some $1.2 billion in the South American country this year, a company spokesman said on Tuesday, down from the $1.4 billion that the company had announced for 2016.