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 ...
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial ...
Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial obligations with ...
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 ...
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.
"It's a government priority to preserve the aviation sector and, above all, safeguard jobs and incomes," Silvio Costa Filho ...
Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on ...
The boss of Brazilian airline Azul has argued that its planned merger with rival Gol to create the country’s largest carrier ...
Breeze Airways was profitable in the fourth quarter of 2024, the airline said, its first quarterly profit since it began ...
KLM, and others, are considering investing in Gol, a Brazilian carrier undergoing Chapter 11 bankruptcy in the U.S. The investment discussions align with Gol's potential merger with Azul, which aims ...
Major global airlines are in talks with Gol to invest in the Brazilian carrier, which is undergoing Chapter 11 bankruptcy proceedings in the U.S., local newspaper Valor Economico reported on Tuesday, ...