SAO PAULO (Reuters) - Brazilian airline Azul's board of directors has approved a capital increase as part of an out-of-court ...

"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 ...

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 ...

SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial obligations with bondholders, suppliers and plane lessors, according ...

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 ...

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 ...

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 Reuters, ...

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 ...