Azul, Brazil and Abra Group

Azul, Abra Open Talks to Merge as Brazil’s Biggest Airline
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 in Latin America.
Azul and Abra Group to Combine Businesses in Brazil
Abra Group, the principal investor in Gol and Avianca, and Azul have today entered into a non-binding Memorandum of Understanding (MoU) aimed at investigating
Abra And Azul Make The First Move To Build A Fortress In Brazil
Abra—which also controls Colombia’s flag carrier Avianca—and Azul concluded the two Brazilian airlines have 90% complimentary and non-overlapping routes. Last year, amid reports that Azul was interested in merging with its rival GOL, the airlines launched a domestic codeshare.
Abra Group and Azul Sign Non-Binding MoU with the Intent to Combine Businesses in Brazil
Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today with the intent to explore a combination of their
Gol, Azul plan Brazil airline merger
Brazil airlines Azul and GOL are set for merger talks which could create the dominant player in aviation in the country. They signed a MoU after getting tentative approval from Brazilian President Lula da Silva. The plan is to combine the businesses of Azul and GOL parent Abra. It would give the new business a 60% share of the aviation market.
Azul, Abra sign MoU to open talks for merger process, Bloomberg reports
Brazil’s Azul (AZUL) and Abra Group, the principal shareholder for rival Gol Linhas (GOL), have reached an agreement to work toward a merger,
Gol and Azul propose to combine their businesses in Brazil
Gol and Azul propose to maintain separate brands while coordinating their finances, networks and product offerings.
Azul, Abra in Non-Binding MoU to Combine Brazilian Businesses
Azul and Abra, the majority investors of airlines Gol and Avianca, on Wednesday said they signed a non-binding Memorandum of Understanding to combine their businesses in Brazil.
Azul and Abra sign non-binding MoU to combine businesses in BrAZIL
Azul (AZUL) and Abra, the majority investor of Gol and Avianca, have signed a non-binding Memorandum of Understanding, or MoU, with the intent
Azul, Gol inch closer to potential tie-up to form major Brazil airline
Azul and Gol , two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America's No. 1 economy, a securities filing showed on Wednesday.
Azul and Gol stocks surge on potential merger talks: what investors should know
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 jumped by about 8%.
Azul Shares Trade Higher On Heels Of Abra Deal, Analyst Upgrade
Seaport Research Partners analyst Daniel McKenzie upgraded Azul from Neutral to Buy and announced a price forecast of $5.00.
Azul and Gol's owner Seal Merger to Create an Aviation Giant
Airlines signed an agreement that will form a company with 60% market share; Azul's CEO will chair the new group ...
Azul and Abra sign non-binding MoU with intent to combine their businesses in Brazil
Azul and Abra, the majority investor of Gol and Avianca, have announced today they have signed a non-binding Memorandum of Understanding (MoU) with the intent to combine their businesses in Brazil.