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 ...

Abra Group and Brazilian carrier Azul have entered a memorandum of understanding (MoU) to explore a combination that would create Brazil’s largest airline via a tie-up with Gol. Abra ...

Less than a week after announcing a codeshare agreement for flights marketed jointly but operated separately, Brazilian carriers Gol and Azul were reported to have engaged in talks that could lead ...

Gol is currently operating under Chapter 11 bankruptcy protection. Photo Credit: Gol Brazilian carriers Azul and Gol have entered into a preliminary agreement to combine their business in the ...

"It's a government priority to preserve the aviation sector and, above all, safeguard jobs and incomes," Silvio Costa Filho ...

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 ...

"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 ...