Gol, Azul and Brazil

Brazil government supports Gol-Azul merger to strengthen airline sector
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 move a key government nod.
Brazil approves Gol-Azul merger to transform aviation industry
The merger of Brazilian airlines Gol and Azul, planned by the Brazilian government, has received widespread support, making it a watershed moment for the country’s beleaguered aviation industry. Silvio Costa Filho,
Azul CEO says merger with Gol will bolster Brazil's aviation industry: report
Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on competition and fares.
Gol and Azul propose to combine their businesses in Brazil
Gol and Azul propose to maintain separate brands while coordinating their finances, networks and product offerings.
Brazil’s GOL in investor talks with global airlines - report
Air France-KLM, American Airlines, IAG International Airlines Group, Lufthansa Group, and United Airlines are interested in investing in GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) as part of the Brazilian airline’s Chapter 11 proceedings and are in talks with the carrier, the Brazilian newspaper Valor Econômico reported.
Brazilian Government Endorses Gol-Azul Merger
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 Brasileiras (AD). The government cites the merger's importance in stabilizing the aviation sector and safeguarding employment.
Azul's Restructuring Misses Key Details And May Come With Massive Dilution
Azul has been on a (downward) rollercoaster for the past few months. Read why I maintain my Hold rating on AZUL stock.
Flightglobal1d
Azul concludes restructuring with ‘extinction’ of $2.1bn debt
Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...
Reuters8d
Azul-Gol airline merger could be a 'necessary evil' in bumpy Brazil market
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 ...
Business Recorder1d
Brazil’s Azul reduces $1.6bn in debt as it concludes restructuring process
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
The Financial Times4d
Brazilian airline merger would boost aviation sector, says Azul boss
Simply sign up to the Airlines myFT Digest -- delivered directly to your inbox. The boss of Brazilian airline Azul has argued that its planned merger with rival Gol to create the country’s ...
U.S. News & World Report8d
Analysis-Azul-Gol Airline Merger Could Be a 'Necessary Evil' in Bumpy Brazil Market
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 ...
Azul secures $525 million through superpriority notes
Azul S.A. (B3: AZUL4, NYSE: AZUL), a leading airline based in Brazil, has successfully closed an offering of $525 million in ...