This month, Azul entered into an agreement to consider a merger with competitor airline Gol. The company stated that the restructuring measures have led to a reduction in its expected interest ...

Chapter 11 emergence due to high capital requirements and unattractive P/E ratio. See why we are neutral on LTM stock here.

Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...

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 ...

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.

"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 ...

The boss of Brazilian airline Azul has argued that its planned merger with rival Gol to create the country’s largest carrier ...

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, ...

A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government ...

KLM, and others, are considering investing in Gol, a Brazilian carrier undergoing Chapter 11 bankruptcy in the U.S. The investment discussions align with Gol's potential merger with Azul, which aims ...