Azul and Gol announce merger to create aviation giant. Thursday, January 16th 2025 - 10:09 UTC. Full article 1 comment. The new company would serve more than 200 destinations in Brazil and abroad ...

Investing.com -- Shares of Azul (NYSE:AZUL) climbed 3% in US premarket trading following the announcement of significant progress towards a potential merger with GOL.

AZUL announced several debt restructuring agreements, for as much as $1.3 billion, plus $500 million in new financing, and a potential (non-binding) combination with its competitor Gol.

An Azul-Gol combination would represent 61.4% of the Brazilian market share in terms of 2024 passengers, according to the Rio Times, dwarfing the next-largest operator, Latam.

Gol Linhas Aereas is one of the two largest Brazilian airlines.I wrote hold rated articles on GOL in December 2021 (-52% since), and September 2022 (-24% since). Although the company is now ...

SAO PAULO (Reuters) - Azul and Gol, two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America's No. 1 economy, a ...

Gol (GOLL4) divulga dados de tráfego, Azul ... A Multiplan (MULT3) concluiu aquisição de 24,95% do shopping center DiamondMall, elevando, assim, a participação na companhia para 75,05%.

Na época, a Azul promoveu uma campanha publicitária defendendo o aumento da competitividade no aeroporto. “95% dos horários de voos de Congonhas, em São Paulo, pertencem a duas companhias ...

Gol is currently undergoing a Chapter 11 restructuring process in US bankruptcy court, while Azul recently completed a financial restructuring by eliminating R$12.3 billion ($2.1 billion) in debt.

A Gol informou que o Grupo Abra (holding formada pela empresa e pela colombiana Avianca, além de credor garantidor da companhia) está em discussões com a Azul para "explorar potenciais ...

Azul and Gol , two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America's No. 1 economy, a securities filing showed on ...