Boeing (BA) Active Early as GOL Linhas (GOL) Call 737-300 'Outdated'

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Go back to Boeing (BA) Active Early as GOL Linhas (GOL) Call 737-300 'Outdated'

GOL Linhas Aéreas (GOL) to Close Webjet Subsidiary, Trim 850 Jobs

November 23, 2012 6:59 AM EST

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL) announces that, as of today, it will begin the process of winding up the activities of its subsidiary Webjet and the discontinuation of its brand.

The first step is to extinguish flight operations. Webjet has an operational model based on a fleet that mostly consists of aging Boeing (NYSE:... More