Brazil's GOL Doesn't See Benefit Of Joining Global Alliance

NEW YORK (Dow Jones)--Brazilian airline GOL Linhas Aereas Inteligentes SA (GOL, GOLL4.BR) isn't interested in joining one of the major global alliances, instead focusing on a patchwork of code-sharing arrangements with airlines around the globe, company executives said Wednesday.

"As we are not flying long-haul flights, we don't need support from a global alliance in the foreign destination," Chief Executive Constantino de Oliveira Jr. said in an interview with Dow Jones and Wall Street Journal editors.

Oliveira noted that the code-sharing agreements provide the international partners with a broad network of flights within Brazil, driving additional traffic to an airline ...

Copyright 2009 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit