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 ...

Airlines in Brazil are hit by high taxes, strict consumer protections and face headwinds with the recent weakening of the ...

"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 from the government, and they see a real possibility (of the merger being approved)," said lawyer Xavier Rosales. Ports and Airports Minister Silvio ...

SAO PAULO (Reuters) - 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, ...