azul brazilian airlines - Search News

Gol, Azul and Brazil

Reuters on MSN · 1d

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.

Seeking Alpha on MSN · 3d

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.

Travel Mole · 12d

Gol, Azul plan Brazil airline merger

Brazil airlines Azul and GOL are set for merger talks which could create the dominant player in aviation in the country. They signed a MoU after getting tentative approval from Brazilian President Lula da Silva. The plan is to combine the businesses of Azul and GOL parent Abra. It would give the new business a 60% share of the aviation market.

Brazilian Government Endorses Gol-Azul Merger

DALLAS — 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).

Travel Weekly · 13d

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.

invezz on MSN · 1d

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, GOL Enter Historic Merger Discussions

Azul CEO John Rodgerson emphasized the merger's potential to strengthen Brazil's aviation sector, highlighting plans to expand service to over 200 Brazilian cities and enhance connectivity nationwide. The deal could benefit GOL, which entered Chapter 11 bankruptcy protection in early 2024 amid financial challenges.

Brazil's Azul reduces $1.6 billion in debt

Flightglobal · 17h

Azul concludes restructuring with ‘extinction’ of $2.1bn debt

Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft manufacturers to eliminate R$12.3 billion ($2.1 billion) in debt.

Hosted on MSN · 1d

Brazil's Azul reduces $1.6 billion in debt as it concludes restructuring process

SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial obligations with bondholders, suppliers and plane lessors, according to a securities filing.

Business Recorder · 1d

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 $525 million in fresh money. The firm said that, with the conclusion of the talks, its financial leverage measured by a net debt to EBITDA ratio falls to 3.4 times from 4.8 times.

1don MSN

Azul soars after announcing restructuring developments

Azul S.A. (AZUL) announces successful debt restructuring, eliminating over $2.1 billion in financial obligations and securing ...

8d

Global airlines in talks with Brazil's Gol as part of bankruptcy exit, report says

Global airlines are in talks with Gol to invest in the Brazilian airline, which is undergoing Chapter 11 bankruptcy ...

Foreign travelers contribute significantly to Brazil's economy in 2024

Foreign travelers brought in US$7.341 billion in revenue to Brazil last year, the South American country's Central Bank (BCB) ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results