azul brazilian airlines

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.

Seeking Alpha on MSN · 2d

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.

invezz on MSN · 1d

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.

Reuters · 13d

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.

Airways · 22h

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

Reuters on MSN · 14h

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.

Investing on MSN · 5h

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).

Business Recorder · 11h

Brazil’s Azul reduces $1.6bn in debt as it concludes restructuring process

Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised $525 million in fresh money. The firm said that, with the conclusion of the talks, its financial leverage measured by a net debt to EBITDA ratio falls to 3.4 times from 4.8 times.

3hon 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 ...

Aviation Week13d

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 ...

MercoPress2d

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) ...

12don 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 ...

Aviation Week6d

Abra And Azul Work To Drive Major Consolidation In Latin America

Since its creation as a new entity in 2023, Latin American airline group Abra has worked to forge additional consolidation in the region. Now as it plans to combine Brazilian operators Azul and GOL, ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results