Azul and Abra Open Talks to Merge

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, 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.
Brazil’s Azul signs preliminary deal to explore merger with Gol
Investing.com-- Brazilian airline Azul SA (NYSE: AZUL) and Abra- the majority investor in its rival Gol, said they had signed a non-binding agreement on Wednesday to explore the combination of their businesses in Brazil.
Azul, GOL Enter Historic Merger Discussions
In a significant development for South American aviation, Brazilian carriers Azul Brazilian Airlines (AD) and GOL Linhas Aéreas (G3) announced on January 15, 2024, that they had signed a non-binding agreement to explore a potential merger.
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 ...
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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.
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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 ...
Azul and Gol's owner Seal Merger to Create an Aviation Giant
Airlines signed an agreement that will form a company with 60% market share; Azul's CEO will chair the new group ...
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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 ...
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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 ...
Azul upgraded to Buy from Neutral at Seaport Research
Seaport Research upgraded Azul (AZUL) to Buy from Neutral with a $5 price target Azul and Abra Group, the majority investor of Gol and ...
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 ...