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Topic: RSS FeedLow Cost Airline News - Latin America / Caribbean
Airguide Online, May 5, 2008
May 5, 2008
Gol Linhas Aereas
Gol Linhas Aereas plans to phase out Varig's remaining routes to Europe and Mexico in the coming months and focus instead on Brazil and South America, where it thinks Varig is better positioned to profit from a fast-growing aviation market. Gol executives said they hope to obtain antitrust approval for the Varig acquisition in the second quarter, which will allow them to finally merge the two operations under one roof and exploit much-needed cost synergies. May 1, 2008
Gol Linhas Aereas
Gol Linhas Aereas, the second-ranked airline in Brazil after TAM Linhas Aereas, also reduced its year-end fleet size forecast to 108 from 112. It plans to return older aircraft and gradually replace them with more next-generation jets from the Boeing 737 family, which are more fuel efficient. May 1, 2008
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