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Azul, Brazil and Abra
Azul, Abra Open Talks to Merge as Brazil’s Biggest Airline
Brazilian carrier Azul SA and the principal shareholder for rival Gol Linhas Aereas Inteligentes SA reached an agreement to work toward a merger, potentially creating one of the largest airlines in Latin America.
Azul and Abra Group to Combine Businesses in Brazil
Abra Group, the principal investor in Gol and Avianca, and Azul have today entered into a non-binding Memorandum of Understanding (MoU) aimed at investigating
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 and non-overlapping routes. Last year, amid reports that Azul was interested in merging with its rival GOL, the airlines launched a domestic codeshare.
Azul and Gol stocks surge on potential merger talks: what investors should know
Azul and Gol shares rose sharply on Thursday, following the announcement of a proposed merger between the two Brazilian airlines. Azul’s stock price rose by more than 4%, while Gol’s shares jumped by about 8%.
Azul stock rises on merger progress with GOL
Shares of Azul (NYSE:AZUL) climbed 3% in US premarket trading following the announcement of significant progress towards a potential merger with GOL.
2d
on MSN
Brazil's Gol releases new five-year plan ahead of Chapter 11 exit
SAO PAULO (Reuters) -Brazilian airline Gol released a revised five-year strategic plan on Wednesday as it prepares to exit ...
Travel Weekly
14h
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.
Aviation Week
1d
GOL Sees Fewer Idle Jets As It Plans To Exit Bankruptcy In May
Brazilian operator GOL plans to exit Chapter 11 bankruptcy in May and pledges an improving financial performance as more ...
1d
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
1d
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 ...
Routesonline
3h
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 connection marks a significant milestone for Aruba, becoming the fourth gateway ...
1d
🎥 Don't miss this insane double bicycle kick from Brazil 🚲
Volta Redonda beat Fluminense on Thursday by just a single goal, and what a goal it was.In the 87th minute, Luiz Carlos ...
Flightglobal
1d
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 ...
AviationPros
1d
Abra Group and Azul Sign Non-Binding MoU with the Intent to Combine Businesses in Brazil
Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today ...
Hosted on MSN
2d
Gol Expands Its Connectivity Between Argentina and Brazil with New Strategic Routes
Adding more international routes from Brasília not only boosts connectivity between Brazil and Argentina but also positions ...
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