Brazil’s Gol Confirms Talks on Possible Purchase of Webjet

Brazil’s Gol Confirms Talks on Possible Purchase of Webjet

Gol Linhas Aereas Inteligentes S.A., a low-cost carrier and the second-largest airline in Brazil, said it is in discussions with Webjet Linhas Aereas S.A, and if there is any material fact necessary, it will be announced to the market.

News agencies in Brazil have reported that Gol is planning to purchase 100 percent of Webjet, the country’s fourth-largest airline. Gol made an offer to purchase Webjet in 2005, but the offer was rejected.