Azul and GOL airlines announce today a commercial cooperation agreement that will connect their flight networks in Brazil through a codeshare agreement. This partnership covers all domestic routes ...

Investing.com -- Shares of Azul (NYSE:AZUL) climbed 3% in US premarket trading following the announcement of significant progress towards a potential merger with GOL.

SÃO PAULO, May 23, 2024/ PRNewswire/-- Azul and GOL airlines announce today a commercial cooperation agreement that will connect their flight networks in Brazil through a codeshare agreement.

Gol Linhas Aéreas' bankruptcy may not necessarily benefit Azul as Gol could emerge stronger. There's no fleet compatibility between Azul and Gol, making it unlikely for Azul to take any aircraft ...

Gol Linhas Aereas is one of the two largest Brazilian airlines.I wrote hold rated articles on GOL in December 2021 (-52% since), and September 2022 (-24% since). Although the company is now ...

An agreement between Azul SA and Gol Linhas Aereas Inteligentes SA to connect their flight networks is the first step toward the companies consolidating, according to one person familiar with the ...

Gol and Azul's flights at Brazil's biggest airports will likely be on the chopping block, Castellini said, adding LATAM could take over some of those operations.

Azul and Gol, two leading airlines in Brazil, have announced a major new partnership involving a comprehensive codeshare agreement that will connect their domestic flight networks.

An Azul-Gol combination would represent 61.4% of the Brazilian market share in terms of 2024 passengers, according to the Rio Times, dwarfing the next-largest operator, Latam.

Abra, which owns Gol and Colombia’s Avianca, informed shareholders on 15 January of its “intent to explore a combination of business in Brazil” with Azul.