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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 ...
In the face of Latin American airline losses due to the current high cost of living, the government's financial intervention may boost the sector.
Experts say that changes put in place after Avianca and similar crashes have improved aviation safety for millions.
It isn't looking good, and the odds are stacked against it ever happening, as things stand. Azul and Abra Group have ended months-long speculation of a tie-up by tabling a memorandum of understanding ...
Abra Group, the principal investor in Gol and Avianca, and Azul have today entered into a non-binding Memorandum of Understanding (MoU) aimed at investigating ...
Gol and Azul propose to maintain separate brands while coordinating their finances, networks and product offerings.
Governance and Leadership The combined company’s governance structure will feature a nine-member board. Azul and Abra Group—Gol’s majority investor—will each appoint three members, with the remaining ...
The largest Brazilian airline, Azul S.A., and the British Abra Group have signed a memorandum of understanding to combine assets in Brazil and create one of the largest airlines in Latin America. This ...
Brazilian airline Gol, a partner of Avianca in the Abra Group, has announced its plan to emerge from Chapter 11 bankruptcy by ...