Brazil's Gol wants bondholders to take up to 70 pct loss in debt plan
May 03, 2016 at 19:23 PM EDT
SAO PAULO, May 3 (Reuters) - Gol Linhas Aéreas Inteligentes SA plans to propose to bondholders taking losses of up to 70 percent on some of their bonds, as Brazil's second-largest airline struggles to overcome a steep recession and plunging demand for air travel.
