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...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.