The holding company parent of Brazilian LCC GOL and Colombian airline Avianca has an eye on growing those carriers and ...
"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 ...
Simply sign up to the Airlines myFT Digest -- delivered directly to your inbox. The boss of Brazilian airline Azul has argued that its planned merger with rival Gol to create the country’s ...
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 ...
Brazil airlines Azul and GOL are set for merger talks which could create the dominant player in aviation in the country. They signed a MoU after getting tentative approval from Brazilian President ...
(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 ...
(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 ...
But both have faced financial turbulence since the pandemic, along with ... said. "Azul was already reducing its network," Castellini said. Azul CEO John Rodgerson told Reuters that the 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 ...
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 ...
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 ...