Gol, Azul and Brazil
Gol, Azul plan Brazil airline merger
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 Lula da Silva. The plan is to combine the businesses of Azul and GOL parent Abra. It would give the new business a 60% share of the aviation market.
Azul S.A. (AZUL) announces successful debt restructuring, eliminating over $2.1 billion in financial obligations and securing ...
Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...
SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial ...
Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on ...
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 ... a lawyer specialized in aviation law. Gol and Azul have likely "gotten that thumbs up from the government, and they see a real possibility (of the ...
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
Gol and Azul have likely "gotten that thumbs up ... Given current travel demand in Brazil, only two airlines are needed to operate in the country, Seaport Research Partners analysts argued in ...
Foreign travelers brought in US$7.341 billion in revenue to Brazil last year, the South American country's Central Bank (BCB) ...
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