GOL and Webjet merger receives antitrust approval

Washington DC
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GOL's acquisition of Webjet has received approval from the Brazilian Antitrust Authority (CADE).

CADE is allowing the deal to move forward without conditions, including allowing the carrier's to maintain all of their existing operations at Rio de Janeiro's Santos Dumont airport.

GOL received approval from Brazil's National Civil Aviation Agency (ANAC) for the acquisition in October 2011.

It announced its plans to purchase Webjet in August 2011.