Gol, Azul and Brazil

Brazil government supports Gol-Azul merger to strengthen airline sector
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, giving the potential move a key government nod.
Brazil approves Gol-Azul merger to transform aviation industry
The merger of Brazilian airlines Gol and Azul, planned by the Brazilian government, has received widespread support, making it a watershed moment for the country’s beleaguered aviation industry. Silvio Costa Filho,
Azul CEO says merger with Gol will bolster Brazil's aviation industry: report
Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on competition and fares.
Brazilian Government Endorses Gol-Azul Merger
DALLAS — The Brazilian government has expressed its support for the potential merger between Brazil’s two low-cost carriers (LCC), GOL Linhas Aéreas Inteligentes (G3) and Azul Linhas Aéreas Brasileiras (AD).
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.
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
Azul, GOL Enter Historic Merger Discussions
Azul CEO John Rodgerson emphasized the merger's potential to strengthen Brazil's aviation sector, highlighting plans to expand service to over 200 Brazilian cities and enhance connectivity nationwide. The deal could benefit GOL, which entered Chapter 11 bankruptcy protection in early 2024 amid financial challenges.
Azul's Restructuring Misses Key Details And May Come With Massive Dilution
Azul has been on a (downward) rollercoaster for the past few months. Read why I maintain my Hold rating on AZUL stock.
AviationPros13d
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 ...
Aviation Week14d
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 ...
Brazil's Azul reduces $1.6 billion in debt as it concludes restructuring process
SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial ...
Azul secures $525 million through superpriority notes
Azul S.A. (B3: AZUL4, NYSE: AZUL), a leading airline based in Brazil, has successfully closed an offering of $525 million in ...
Aviation Week7d
Abra And Azul Work To Drive Major Consolidation In Latin America
Since its creation as a new entity in 2023, Latin American airline group Abra has worked to forge additional consolidation in the region. Now as it plans to combine Brazilian operators Azul and GOL, ...