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Azul, Gol and Brazil
Azul, Gol inch closer to potential tie-up to form major Brazil airline
Azul and Gol, two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America's No. 1 economy, a securities filing showed on Wednesday.
Azul and Gol exploring potential business combination
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create Brazil's largest airline via a tie-up with Gol.
Azul and GOL agree to enter merger talks to create Brazil’s largest airline
Brazilian carriers Azul and GOL have agreed to enter merger talks in a deal that could create Brazil’s largest airline group.
Azul and Gol stocks surge on potential merger talks: what investors should know
Azul and Gol shares rose sharply on Thursday, following the announcement of a proposed merger between the two Brazilian airlines. Azul’s stock price rose by more than 4%, while Gol’s shares jumped by about 8%.
Brazil’s Azul signs preliminary deal to explore merger with Gol
Investing.com-- Brazilian airline Azul SA (NYSE: AZUL) and Abra- the majority investor in its rival Gol, said they had signed a non-binding agreement on Wednesday to explore the combination of their businesses in Brazil.
Azul stock rises on merger progress with GOL
Shares of Azul (NYSE:AZUL) climbed 3% in US premarket trading following the announcement of significant progress towards a potential merger with GOL.
Aviation Week
19h
Abra And Azul Make The First Move To Build A Fortress In Brazil
Abra—which also controls Colombia’s flag carrier Avianca—and Azul concluded the two Brazilian airlines have 90% complimentary ...
MercoPress
19h
Azul and Gol announce merger to create aviation giant
Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they ...
12h
Azul and Gol's owner Seal Merger to Create an Aviation Giant
Airlines signed an agreement that will form a company with 60% market share; Azul's CEO will chair the new group ...
AviationPros
13h
Abra Group and Azul Sign Non-Binding MoU with the Intent to Combine Businesses in Brazil
Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today ...
17h
Azul upgraded to Buy from Neutral at Seaport Research
Seaport Research upgraded Azul (AZUL) to Buy from Neutral with a $5 price target Azul and Abra Group, the majority investor of Gol and ...
13h
Azul Shares Trade Higher On Heels Of Abra Deal, Analyst Upgrade
Seaport Research Partners analyst Daniel McKenzie upgraded Azul from Neutral to Buy and announced a price forecast of $5.00.
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