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Azul, Gol 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 and Abra Group to Combine Businesses in Brazil
Abra Group, the principal investor in Gol and Avianca, and Azul have today entered into a non-binding Memorandum of Understanding (MoU) aimed at investigating
GOL Responds to Potential Merger Talks Involving Azul and Abra Group
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Azul, GOL Enter Historic Merger Discussions
In a significant development for South American aviation, Brazilian carriers Azul Brazilian Airlines (AD) and GOL Linhas Aéreas (G3) announced on January 15, 2024, that they had signed a non-binding agreement to explore a potential merger.
Azul and Gol stocks surge on potential merger talks: what investors should know
Azul and Gol shares rose sharply on Thursday, following the announcement of a proposed merger between the two Brazilian airlines. Azul’s stock price rose by more than 4%, while Gol’s shares jumped by about 8%.
Azul stock rises on merger progress with GOL
Shares of Azul (NYSE:AZUL) climbed 3% in US premarket trading following the announcement of significant progress towards a potential merger with GOL.
1d
on MSN
Azul, Gol inch closer to potential tie-up to form major Brazil airline
Azul and Gol, two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant ...
Travel Weekly
15h
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.
Aviation Week
1d
GOL Sees Fewer Idle Jets As It Plans To Exit Bankruptcy In May
Brazilian operator GOL plans to exit Chapter 11 bankruptcy in May and pledges an improving financial performance as more ...
2d
on MSN
Brazil's Gol releases new five-year plan ahead of Chapter 11 exit
SAO PAULO (Reuters) -Brazilian airline Gol released a revised five-year strategic plan on Wednesday as it prepares to exit ...
MercoPress
1d
Azul and Gol announce merger to create aviation giant
Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they ...
Routesonline
4h
GOL Airlines’ Inaugural Flight from São Paulo, Brazil, to Aruba
Aruba Airport proudly celebrated the launch of GOL Airlines' new direct flight from São Paulo (GRU) to Aruba (AUA). This connection marks a significant milestone for Aruba, becoming the fourth gateway ...
Flightglobal
1d
Azul and Gol exploring potential business combination
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create ...
13d
GOL Submits Financial Report Amid Restructuring
GOL Linhas Aereas Inteligentes SA ( (GOLLQ) ) just unveiled an update.
Onefootball
15h
Vini Jr Ukir Gol Khas di Situasi 1v1 Lawan Kiper Celta | OneFootball
Pemain nomor 7 Real Madrid, Vinicius Jr, menggunakan teknik rutinnya untuk mengonversi situasi 1v1 jadi gol keren buat ...
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Related topics
Brazil
Azul
Memorandum of understanding
Abra Group
São Paulo
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