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 ...

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 ...

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

"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 ...