GOL Gol Linhas Aereas Inteligentes SA

SAO PAULO--Brazilian airline Gol Linhas Aereas Inteligentes S.A. (GOLL4.BR, GOL) on Monday said it has agreed to buy another 60 aircraft from Boeing Co. (BA), with delivery starting in 2018, as part of a plan to renew its fleet of aircraft.

Gol said that, as a result of this agreement, it will be the first airline in South America to deploy Boeing's 737 MAX aircraft.

Gol ended the second quarter with 150 aircraft, of which 124 were Boeing 737-700s and 737-800s with an average life of 7.3 years, and 23 were Boeing 737-300s with an average life of 20 years.

Write to Matthew Cowley at matthew.cowley@dowjones.com

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