Gol Linhas Aéreas Inteligentes has celebrated the unveiling of its newly outfitted 737 MAX 8 during a celebration in Sao Paulo. The leading Brazilian carrier also announced plans to fly the more fuel-efficient and longer-range Boeing 737 airplane on international routes.

Boeing and GOL Linhas Aereas Inteligentes S.A. will work together to speed the research, development and approval of new sources of sustainable aviation biofuel in Brazil.

GOL Linhas Aereas Inteligentes, the largest low-cost airline in Latin America, has announced a new partnership with Localiza Rent a Car that will make services for customers even more economic and convenient. As of February 4th, 2013, customers will be able to rent Localiza’s cars in GOL’s website while they book their flight.

GOL Linhas Aereas Inteligentes has seen losses wide for the second quarter of 2011, with Brazil’s second largest airline losing BRL358.7 million over the period. This is up from BRL51.9 million a year earlier, Sao Paulo-based Gol said in a statement.

Gol Linhas Aereas Inteligentes’s plans to acquire rival airline Webjet Linhas Aereas may have hit a snag, with reports Brazilian antitrust regulators Cade may block the deal. The deal – worth R96 million ($61 million) – was announced early this month, as Gol seeks to build its market share.

Brazil is paving the way to open its aviation industry up to foreign ownership, in a move aimed at attracting much-needed infrastructure improvements in the build-up to the 2014 World Cup and the 2016 Olympics.