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Gol, Azul and Brazil

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.

invezz on MSN · 1d

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,

Travel Weekly · 12d

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.

Reuters · 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 carrier in Latin America's No. 1 economy, a securities filing showed on Wednesday.

Airways · 1d

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.

Flightglobal3h

Azul concludes restructuring with ‘extinction’ of $2.1bn debt

Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...

MercoPress7h

Brazil launches Sustainability Pact for ports and airports

Brazil's Federal Ministry of Ports and Airports launched an unprecedented sustainability policy for these facilities as well ...

22hon 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 ...

Flightglobal13d

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 ...

MercoPress13d

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 ...

Reuters7d

Azul-Gol airline merger could be a 'necessary evil' in bumpy Brazil market

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 ...

18h

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.

Business Recorder19h

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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