Breaking News

Countrywide's Mozilo Said to Face U.S. Suit Over Subprime Loans
Tweet TWEET

Gol CEO Sees Webjet Becoming Ultra Low-Cost Carrier, O Estado Reports

Gol Linhas Aereas Inteligentes SA (GOLL4) Chief Executive Officer Constantino de Oliveira Junior may retain the Webjet SA brand to create an “ultra low-cost” carrier, he said in an interview with O Estado de S. Paulo.

Constantino expects airlines to exercise better price discipline in 2012 and said Gol and Webjet’s combined capacity in seats per kilometer will probably vary by zero to 4 percent this year, according to O Estado.

To contact the reporter on this story: Karen Eeuwens in London at keeuwens@bloomberg.net

To contact the editor responsible for this story: Telma Marotto at tmarotto1@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.