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Gol, Azul and Brazil
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's ports and airports minister told Reuters, giving the potential move a key government nod.
Azul CEO says merger with Gol will bolster Brazil's aviation industry: report
Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on competition and fares.
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.
Brazilian Government Endorses Gol-Azul Merger
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 Brasileiras (AD). The government cites the merger's importance in stabilizing the aviation sector and safeguarding employment.
Brazil's Azul reduces $1.6 billion in debt
Azul concludes restructuring with ‘extinction’ of $2.1bn debt
Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft manufacturers to eliminate R$12.3 billion ($2.1 billion) in debt.
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 obligations with bondholders, suppliers and plane lessors, according to a securities filing.
Azul finalizes debt restructuring, reduces financial leverage
This month, Azul entered into an agreement to consider a merger with competitor airline Gol. The company stated that the restructuring measures have led to a reduction in its expected interest payments for this year by almost 1 billion reais ($170.7 million).
1d
on MSN
Azul soars after announcing restructuring developments
Azul S.A. (AZUL) announces successful debt restructuring, eliminating over $2.1 billion in financial obligations and securing ...
13d
on MSN
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 ...
The Financial Times
4d
Brazilian airline merger would boost aviation sector, says Azul boss
Simply sign up to the
Airlines
myFT Digest -- delivered directly to your inbox. The boss of
Brazilian
airline
Azul
has argued that its planned merger with rival Gol to create the country’s ...
MercoPress
3d
Foreign travelers contribute significantly to Brazil's economy in 2024
Foreign travelers brought in US$7.341 billion in revenue to Brazil last year, the South American country's Central Bank (BCB) ...
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