AZUL Aug 2024 12.500 call
- Reuters
Amid merger speculation, Brazilian airline Gol parent talks with Azul
SAO PAULO (Reuters) -The parent company of Brazilian airline Gol has started talks with rival Azul to "explore opportunities," both airlines said on Monday, following media reports earlier this year that pointed to a potential merger. Azul added in a securities filing it has not signed or formalized any new agreement regarding a potential business combination with Gol, which is controlled by Latin American airline holding company Abra Group. Abra Group was formed in 2022 to combine Gol and Colombia's Avianca under a common holding company jointly controlled by the main shareholders of both firms.
- Bloomberg
Azul, Gol Deal to Connect Flights Is a Step Toward Combining
(Bloomberg) -- An agreement between Azul SA and Gol Linhas Aereas Inteligentes SA to connect their flight networks is the first step toward the companies consolidating, according to one person familiar with the matter.Most Read from BloombergFed’s Favorite Underlying Inflation Gauge Is Seen CoolingIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtQatar Airways Jet Encounters Severe Turbulence, Leaving 12 HurtYellen Says Higher Path for Rates Boosts Need to Lift RevenueTesla Sharehol
- Zacks
AZUL Benefits From Surge in Travel Demand Amid Debt Woes
Azul continues to anticipate 2024 EBITDA to be around R$6.5 billion.
