"It's a government priority to preserve the aviation sector and, above all, safeguard jobs and incomes," Silvio Costa Filho ...
Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on ...
Azul's Chief Executive Officer, John Rodgerson, acknowledged that Brazil's current issues will result in higher air fares ...
In the face of Latin American airline losses due to the current high cost of living, the government's financial intervention may boost the sector.
Airlines in Brazil are hit by high taxes, strict consumer protections and face headwinds with the recent weakening of the ...
Azul has been on a (downward) rollercoaster for the past few months. Read why I maintain my Hold rating on AZUL stock.
Gol and Azul have likely "gotten that thumbs up from the government, and they see a real possibility (of the merger being approved)," said lawyer Xavier Rosales. Ports and Airports Minister Silvio ...
Gol and Azul propose to maintain separate brands while coordinating their finances, networks and product offerings.
Brazil airlines Azul and GOL are set for merger talks which could create the dominant player in aviation in the country. They ...
Azul's shares have fallen 51% in the past six months, while Gol's have gained 31.5%, according to Bloomberg. The new company would serve more than 200 destinations in Brazil and abroad. “The two ...
A floated combination of Gol and Azul, formalized with a memorandum of understanding last week, would give the new firm overwhelming control over the country's domestic market. But both have faced ...