A irline mergers have been credited for shaping the commercial airline industry to what it is today. Across the world, consolidation has led the industry to improved scale and pro ...
"The possibility of a Gol-Azul merger is positive to strengthen Brazil's aviation." The merger of the two airlines would create a dominant carrier in Latin America's No.1 economy as the combined ...
Azul, Abra Open Talks to Merge as Brazil’s Biggest Airline Deal would need approval from Brazil’s antitrust regulators Gol’s parent company Abra would be biggest shareholder ...
The boss of Brazilian airline Azul has argued that its planned merger with rival Gol to create the country’s largest carrier will strengthen Brazil’s aviation industry and expand the number of routes ...
(MENAFN- The Rio Times) Azul Airlines, Brazil's largest carrier by Network coverage, announced the suspension of flights to 12 Brazilian cities starting March 10, 2025. The company cited increased ...
Airlines in Brazil are hit by high taxes, strict consumer protections and face headwinds with the recent weakening of the Brazilian real against the U.S. dollar - used for expenses such as jet fuel ...
SAO PAULO (Reuters) - 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 ...
LATAM declined to comment on the matter. Gol and Azul's flights at Brazil's biggest airports will likely be on the chopping block, Castellini said, adding LATAM could take over some of those ...
(Bloomberg) -- 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 ...
SAO PAULO (Reuters) - A plan to merge two of Brazil's top airlines to create ... Lula's administration has promised support for airlines, as Azul has needed to restructure its debt with ...
Given current travel demand in Brazil, only two airlines are needed to operate in the country, Seaport Research Partners analysts argued in a note. If the merger is blocked, the domestic market could ...