In one scenario under consideration, Gol’s holding company Abra Group Ltd. would contribute its shares of the airlines company to Azul in exchange for a stake in the combined entity. Sao Paulo ...

Brazilian airlines Azul and Gol announced Wednesday after ... according to Folha de Sao Paulo The new single entity would have its shares listed on the Brazilian stock exchange.

(Bloomberg) -- 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 ...

The Brazilian airline Azul has confirmed it plans to buy ... have focused mainly on three cities: Rio de Janeiro, Sao Paulo and Brasilia. 92% of all their seats fly in that triangle.