Brazilian carrier Azul SA and the principal shareholder for rival Gol Linhas Aereas Inteligentes SA reached an agreement to work toward a merger, potentially creating one of the largest airlines in ...

Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today ...

GOL Linhas Areas Inteligentes (GOL) has announced that it reached an agreement with Abra Group, its parent company, which will convert up to $2.5 billion of debt and obligations into equity as it ...

Azul and Abra Group have ended months-long speculation of a tie-up by tabling a memorandum of understanding to combine GOL ...

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 ...

Brazil’s Azul (AZUL) and Abra Group, the principal shareholder for rival Gol Linhas (GOL), have reached an agreement to work toward a merger, ...

After months of speculation and discussions, Brazilian operator Azul has reached a non-binding Memorandum of Understanding (MoU) with GOL’s parent Abra Group to combine their businesses in ...

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, ...

Seaport Research upgraded Azul (AZUL) to Buy from Neutral with a $5 price target Azul and Abra Group, the majority investor of Gol and ...

Seaport Research Partners analyst Daniel McKenzie upgraded Azul from Neutral to Buy and announced a price forecast of $5.00.

(Bloomberg) -- Brazilian carrier Azul SA and the principal shareholder for rival Gol Linhas Aereas Inteligentes SA reached an agreement to work toward a merger, potentially creating one of the ...