SAO PAULO (Reuters) – Brazilian airline Gol said on Friday its board had selected Eduardo Gotira as its new chief financial officer and also released provisional April results showing net debt of $4.5 billion as part of its ongoing bankruptcy proceedings.
Mr. Gotila was CFO of power company Lite Co. until January last year. He will succeed Mario Zwei-Liao in the role and is due to take up the role on June 3, GOL said in a securities filing.
Gol added that Zwei would act as an adviser on special projects for the airline.
In a separate filing, GOL released interim financial results for April, part of monthly data it is required to disclose because the Brazilian airline entered bankruptcy proceedings in the United States earlier this year.
Gol said its April net loss, adjusted for foreign currency losses, was $76 million.
The company also reported net revenue of $259 million and earnings before interest, taxes, depreciation and amortization (EBITDA) of $26 million for the month.
(Reporting by Andre Romani and David Alire Garcia)
