Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they had signed a memorandum of intent to finalize a merger whereby one of ...

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 ...

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 and Azul are respectively Brazil's second and third-largest airlines by revenue passenger kilometer, a gauge of traffic. Each have around 30% of domestic market share, ...

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 ...

Gol and Azul also have portfolios of profitable side businesses, including loyalty programs, cargo handling, maintenance shops, and tour packages. But it’s not been entirely blue skies.

Executives from Azul and Abra Group — Gol’s largest shareholder — signed a non-binding memorandum of understanding on Wednesday, opening talks for a merger process.

Gol and Azul airlines planes are pictured at Santos Dumont Airport in Rio de Janeiro, Brazil, January 17, 2025. REUTERS/Ricardo Moraes/File Photo Purchase Licensing Rights, opens new tab.

Brazilian carriers Gol and Azul have agreed to connect their networks through a codeshare partnership for domestic flights.. The two competing airlines said on 23 May that the agreement covers ...

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 ...

Azul (NYSE:AZUL) is one of the two Brazilian pure-play domestic airlines, with Gol and LATAM . I have covered Azul a few times already ( January 2023 , August 2022 , December 2021 ).