24 Nov 2012
-
Gol eliminates 850 jobs and returns Webjet’s fuel-inefficent jets
TransportGol Linhas Aereas Inteligentes SA, Brazil’s second-biggest airline, will eliminate about 850 jobs and return 20 Boeing Co. 737 jets to lessors as it shutters the newly acquired Webjet unit. Domestic flight capacity will fall by as much as 8 percent in the first half, Gol said today in a U.S. regulatory filing. Sao Paulo-based [...]