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Abra, Azul and Brazil
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 to combine their businesses in Brazil
Azul (NYSE:AZUL) and Abra, the majority investor of Gol and Avianca, signed an agreement to combine their businesses in Brazil. The purpose of the business combination is to promote growth in the Brazilian aviation industry,
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
Azul and Gol exploring potential business combination
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create Brazil's largest airline via a tie-up with Gol.
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, 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.
Will Azul and Gol combine to create Brazilian airline giant?
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.
Azul S.A. moves toward business combination with Gol
Azul S.A. (B3: AZUL4, NYSE: AZUL), a major Brazilian airline, has announced the signing of a non-binding Memorandum of Understanding (MoU) with Abra, the controlling entity of Gol Linhas Aéreas Inteligentes S.
13h
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.
12h
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 ...
17h
Azul upgraded to Buy from Neutral at Seaport Research
Seaport Research upgraded Azul (AZUL) to Buy from Neutral with a $5 price target Azul and Abra Group, the majority investor of Gol and ...
12h
on MSN
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 ...
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