Brazil government supports Gol-Azul merger to strengthen airline sector
A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, ...
Brazil approves Gol-Azul merger to transform aviation industry
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.
Latam's Positive Performance Will Likely Suffer As The Company Adds Leases
Chapter 11 emergence due to high capital requirements and unattractive P/E ratio. See why we are neutral on LTM stock here.
Brazil's Azul reduces $1.6 billion in debt as it concludes restructuring process
SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial ...
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Azul finalizes debt restructuring, reduces financial leverage
Brazilian airline Azul announced on Tuesday that it has successfully concluded a debt restructuring process. This process involved discussions with bondholders, suppliers, and plane lessors, as stated ...
Food supplier Sysco keeps full-year forecasts unchanged despite quarterly beat
Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating ...
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Brazilian Government Endorses Gol-Azul Merger
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 ...
Azul soars after announcing restructuring developments
Azul S.A. (NYSE:AZUL) announced the successful conclusion of negotiations with bondholders, lessors, and aircraft manufacturers. The development resulted in the elimination of over $2.1 billion in ...