A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, ...

Azul and Gol , two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant ...

A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government ...

Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...

Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they ...

Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create ...

Gol and Azul propose to maintain separate brands while coordinating their finances, networks and product offerings.

Abra—which also controls Colombia’s flag carrier Avianca—and Azul concluded the two Brazilian airlines have 90% complimentary ...

This month, Azul entered into an agreement to consider a merger with competitor airline Gol. The company stated that the restructuring measures have led to a reduction in its expected interest ...

Airlines signed an agreement that will form a company with 60% market share; Azul's CEO will chair the new group ...

Brazilian carriers Azul and GOL have agreed to enter merger talks in a deal that could create Brazil’s largest airline group.

Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today ...