(Bloomberg) -- Shares of TAM SA, Brazil's biggest
carrier, tumbled the most in two years on concern yesterday's crash
in Sao Paulo will shatter confidence in the nation's already
strained airport infrastructure and slow travel.
The stock sank as much as 8.9 percent, leading the Brazilian
benchmark index's steepest decline in a month, after a TAM airliner
skidded off a runway and burst into flames, killing as many as 200.
Gol Linhas Aereas Inteligentes SA, operator of a plane that crashed
in Brazil 10 months ago, killing 154 people, posted its biggest
drop since April.
Read more at Bloomberg Emerging Markets News
carrier, tumbled the most in two years on concern yesterday's crash
in Sao Paulo will shatter confidence in the nation's already
strained airport infrastructure and slow travel.
The stock sank as much as 8.9 percent, leading the Brazilian
benchmark index's steepest decline in a month, after a TAM airliner
skidded off a runway and burst into flames, killing as many as 200.
Gol Linhas Aereas Inteligentes SA, operator of a plane that crashed
in Brazil 10 months ago, killing 154 people, posted its biggest
drop since April.
Read more at Bloomberg Emerging Markets News
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