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El periplo de Boca Juniors en el Mundial de Clubes finalizó el martes con un magro empate 1-1 frente al Auckland City, un ...
Unlike some airlines elsewhere around the globe that have recently sought Chapter 11, Azul doesn't have a flawed business ...
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Gol shares surged 35% after US court approved its restructuring and $900M in expected liquidity. Azul stock dropped 5% amid fresh credit downgrade and rising speculation of a Chapter 11 filing.
Gol has been under Chapter 11 bankruptcy reorganization in the United States since early 2024, while Azul recently had to strike a deal with lessors to scrap obligations in exchange for an equity ...
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 ...
FILE PHOTO: Gol and Azul airlines planes are pictured at Santos Dumont Airport in Rio de Janeiro, Brazil, January 17, 2025. REUTERS/Ricardo Moraes/File Photo By Patricia Vilas Boas and Kylie Madry ...
Merger likely to win regulatory approval despite competition concerns Lula's administration supports merger amid financial struggles LATAM likely to oppose, CADE may demand concessions Gol's ...
GOL and Azul would integrate financial and operational functions like a single reservation system but would maintain distinct airline brands. Together, they operate a combine 14 routes to Florida.
An Azul-Gol combination would represent 61.4% of the Brazilian market share in terms of 2024 passengers, according to the Rio Times, dwarfing the next-largest operator, Latam.
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