Brazil’s GOL Takes $70.5 Million 4Q Charge For Closing Webjet
GOL Linhas Aereas Inteligentes incurred a BRL140 million ($70.5 million) charge in the fourth quarter 2012 for the closure of its Webjet Linhas Aereas Economicas unit, which was shuttered just weeks after GOL finalized its acquisition in October. The charge covers the cost of returning Webjet’s...
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