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Brazil, Gol Linhas Aéreas Inteligentes and Azul
Brazil government supports Gol-Azul merger to strengthen airline sector
A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, Brazil's ports and airports minister told Reuters, giving the potential move a key government nod.
Gol and Azul propose to combine their businesses in Brazil
Gol and Azul propose to maintain separate brands while coordinating their finances, networks and product offerings.
Brazilian Government Endorses Gol-Azul Merger
The Brazilian government has expressed its support for the potential merger between Brazil’s two low-cost carriers (LCC), GOL Linhas Aéreas Inteligentes (G3) and Azul Linhas Aéreas Brasileiras (AD). The government cites the merger's importance in stabilizing the aviation sector and safeguarding employment.
Analysis-Azul-Gol airline merger could be a 'necessary evil' in bumpy Brazil market
A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government push for a financially healthy sector outweighs concern about restricted competition,
Brazil approves Gol-Azul merger to transform aviation industry
The merger of Brazilian airlines Gol and Azul, planned by the Brazilian government, has received widespread support, making it a watershed moment for the country’s beleaguered aviation industry. Silvio Costa Filho,
13d
Azul, Gol inch closer to potential tie-up to form major Brazil airline
Azul and Gol , two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant ...
MercoPress
13d
Azul and Gol announce merger to create aviation giant
Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they ...
Flightglobal
13d
Azul and Gol exploring potential business combination
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create ...
14h
on MSN
Brazil's Azul reduces $1.6 billion in debt as it concludes restructuring process
SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial ...
Aviation Week
13d
Abra And Azul Make The First Move To Build A Fortress In Brazil
Abra—which also controls Colombia’s flag carrier Avianca—and Azul concluded the two Brazilian airlines have 90% complimentary ...
10h
Latam's Positive Performance Will Likely Suffer As The Company Adds Leases
Chapter 11 emergence due to high capital requirements and unattractive P/E ratio. See why we are neutral on LTM stock here.
1d
Food supplier Sysco keeps full-year forecasts unchanged despite quarterly beat
Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating ...
Investing on MSN
5h
Azul finalizes debt restructuring, reduces financial leverage
This month, Azul entered into an agreement to consider a merger with competitor airline Gol. The company stated that the restructuring measures have led to a reduction in its expected interest ...
Business Recorder
11h
Brazil’s Azul reduces $1.6bn in debt as it concludes restructuring process
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
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