Brazil, Gol Linhas Aéreas Inteligentes and Azul
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.
Azul S.A. (B3: AZUL4, NYSE: AZUL), a leading airline based in Brazil, has successfully closed an offering of $525 million in ...
Azul has been on a (downward) rollercoaster for the past few months. Read why I maintain my Hold rating on AZUL stock.
Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they ...
Gol and Azul have likely "gotten that thumbs up from the government, and they see a real possibility (of the merger being approved)," said lawyer Xavier Rosales. Ports and Airports Minister Silvio ...
The merger of Brazilian airlines Azul (NYSE:AZUL) and Gol Linhas Aéreas Inteligentes (OTCPK:GOLLQ) will bolster the country’s aviation industry and expand routes, Azul Chief Executive John ...
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create ...
Abra—which also controls Colombia’s flag carrier Avianca—and Azul concluded the two Brazilian airlines have 90% complimentary ...
Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today ...
SAO PAULO (Reuters) - 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 ...
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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