South American airline sector hit by currency woes

|By:, SA News Editor

A sharp drop in the Brazilian real to a multi-year low sends GOL Linhas (GOL -6.6%), LATAM Airlines (LTM -5%), Copa Holdings (COPA -2.6%) and Azul (AZUL -7.9%) into a tailspin.

There is some fear of contagion currency devaluation in Central and South America.

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