Just six weeks after winning long-sought approval from Brazilian regulators for its takeover of Webjet Linhas Aereas Economicas to create Brazil’s largest carrier, GOL Linhas Aereas Inteligentes says it will shut Webjet down. The company already has begun winding down Webjet’s flight operations and is discontinuing the brand, it said in a statement. The move will result in 850 layoffs, including flight and cabin crew and maintenance workers. GOL will honor all outstanding Webjet tickets, ...


"Just Weeks After Takeover, GOL Closes Door On Webjet Operation" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.