MercoPress15d
Azul and Gol announce merger to create aviation giant
Azul's shares have fallen 51% in the past six months, while Gol's have gained 31.5%, according to Bloomberg. The new company would serve more than 200 destinations in Brazil and abroad. “The two ...
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 ...
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.
Bloomberg L.P.15d
Azul, Abra Open Talks to Merge as Brazil’s Biggest Airline
Executives from Azul and Abra Group — Gol’s largest shareholder — signed a non-binding memorandum of understanding on Wednesday, opening talks for a merger process.
Investing on MSN1d
Azul finalizes debt restructuring, reduces financial leverage
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 ...
ch-aviation3d
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 ...
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 ...