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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.
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,
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.
Gol, Azul plan Brazil airline merger
Brazil airlines Azul and GOL are set for merger talks which could create the dominant player in aviation in the country. They signed a MoU after getting tentative approval from Brazilian President Lula da Silva. The plan is to combine the businesses of Azul and GOL parent Abra. It would give the new business a 60% share of the aviation market.
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.
MercoPress
1d
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 ...
ch-aviation
3d
Brazil’s GOL in investor talks with global airlines - report
Air France-KLM, American Airlines, IAG International Airlines Group, Lufthansa Group, and United Airlines are interested in ...
1d
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 ...
Flightglobal
1d
Azul concludes restructuring with ‘extinction’ of $2.1bn debt
Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...
MercoPress
3d
Foreign travelers contribute significantly to Brazil's economy in 2024
Foreign travelers brought in US$7.341 billion in revenue to Brazil last year, the South American country's Central Bank (BCB) ...
Aviation Week
9d
GOL To Resume Venezuela Flights As Connectivity To Brazil Remains Limited
Brazil’s GOL Linhas Aéreas is returning to the Venezuelan market after nearly a decade away, addressing the lack of air ...
Routesonline
13d
GOL Airlines’ Inaugural Flight from São Paulo, Brazil, to Aruba
Aruba Airport proudly celebrated the launch of GOL Airlines' new direct flight from São Paulo (GRU) to Aruba (AUA). This ...
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