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Gol Linhas Aereas Inteligentes SA Sees Q4 2012 Charge Guidance-Reuters

Tuesday, 5 Feb 2013 03:30am EST 

Reuters reported that Gol Linhas Aereas Inteligentes SA will take a BRL140 million ($70 million) one-off charge for non-recurring expenses in the Company's fourth-quarter 2012 results related to the shutdown of its subsidiary Webjet. The airline announced a decision to close Webjet on Nov. 23, which resulted in the dismissal of 850 workers. The decision to fire the staff and close Webjet has resulted in a series of legal lawsuits against Gol.