Gol, Azul and Brazil

Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...
The merger of Brazilian airlines Azul (NYSE:AZUL) and Gol Linhas Aéreas Inteligentes (OTCPK:GOLLQ) will bolster the country’s aviation industry and expand routes, Azul Chief Executive John ...
Brazil's Federal Ministry of Ports and Airports launched an unprecedented sustainability policy for these facilities as well ...
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
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 ...
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.
SAO PAULO (Reuters) - A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government push for a financially healthy sector outweighs ...