A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, Brazil's ports and airports minister told Reuters, giving the potential ...

A irline mergers have been credited for shaping the commercial airline industry to what it is today. Across the world, consolidation has led the industry to improved scale and pro ...

Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...

Airlines in Brazil are hit by high taxes, strict consumer protections and face headwinds with the recent weakening of the Brazilian real against the U.S. dollar - used for expenses such as jet fuel ...

(MENAFN- The Rio Times) Azul Airlines, Brazil's largest carrier by Network coverage, announced the suspension of flights to 12 Brazilian cities starting March 10, 2025. The company cited increased ...

LATAM 's composure is driven in part by yet-to-be-determined concessions that Azul and GOL will agree to, in order to gain ...

Azul Cargo Express is preparing to launch regional operations in Brazil using two Airbus A321 passenger to freighter (P2F) ...

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 ...

Together the airlines would serve more than 200 destinations in Brazil and internationally. This month, Azul is flying a combined nine U.S. routes to Fort Lauderdale and Orlando while Gol is ...

LATAM declined to comment on the matter. Gol and Azul's flights at Brazil's biggest airports will likely be on the chopping block, Castellini said, adding LATAM could take over some of those ...

"The possibility of a Gol-Azul merger is positive to strengthen Brazil's aviation." The merger of the two airlines would create a dominant carrier in Latin America's No.1 economy as the combined ...

Gol and Azul have likely "gotten that thumbs up ... Given current travel demand in Brazil, only two airlines are needed to operate in the country, Seaport Research Partners analysts argued in ...