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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.
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.
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,
MercoPress
1h
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 ...
16h
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 ...
ch-aviation
1d
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 ...
Seeking Alpha
2d
Azul CEO says merger with Gol will bolster Brazil's aviation industry: report
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 ...
6d
on MSN
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 ...
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 ...
MercoPress
2d
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) ...
Business Recorder
13h
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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