DALLAS — 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 ...

Azul's shares have fallen 51% in the past six months, while Gol's have gained 31.5%, according to Bloomberg. The new company would serve more than 200 destinations in Brazil and abroad. “The two ...

The merger of Brazilian airlines Azul (NYSE:AZUL) and Gol Linhas Aéreas Inteligentes (OTCPK:GOLLQ) will bolster the country’s aviation industry and expand routes, Azul Chief Executive John ...

Less than a week after announcing a codeshare agreement for flights marketed jointly but operated separately, Brazilian carriers Gol and Azul were reported to have engaged in talks that could lead ...

Abra Group and Brazilian carrier Azul have entered a memorandum of understanding (MoU) to explore a combination that would create Brazil’s largest airline via a tie-up with Gol. Abra ...

Gol is currently operating under Chapter 11 bankruptcy protection. Photo Credit: Gol Brazilian carriers Azul and Gol have entered into a preliminary agreement to combine their business in the ...

SAO PAULO (Reuters) - Brazilian airline Azul is expected to sign in the next few weeks a memorandum of understandings with rival carrier Gol's parent Abra for a potential merger between Azul and ...

Brazilian carrier Azul SA and the principal shareholder for rival Gol Linhas Aereas Inteligentes SA reached an agreement to work toward a merger, potentially creating one of the largest airlines ...

Gol and Azul have likely "gotten that thumbs up from the government, and they see a real possibility (of the merger being approved)," said lawyer Xavier Rosales. Ports and Airports Minister Silvio ...