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SÃO PAULO, May 23, 2024/ PRNewswire/-- Azul and GOL airlines announce today a commercial cooperation agreement that will connect their flight networks in Brazil through a codeshare agreement.
The merger of Brazilian airlines Gol and Azul, planned by the Brazilian government, has received widespread support, making ...
Gol’s shares gained as much as 20% in Sao Paulo B3 Exchange while Azul’s jumped as much as 12%, before trimming gains. The ...
“Gol has very good coverage in major cities, while Azul has better reach in smaller cities in the country.” Categories: Investments , Brazil , Latin America . Tags: Azul , Bovespa , Gol .
On Azul's sales channels, 20 itineraries operated by GOL are already available: Belém-Rio Branco, Confins-São José dos Campos, Curitiba-São José dos Campos, Juazeiro do Norte-Galeão, Pato ...
Gol is currently undergoing a Chapter 11 restructuring process in US bankruptcy court, while Azul recently completed a financial restructuring by eliminating R$12.3 billion ($2.1 billion) in debt.
An Azul-Gol combination would represent 61.4% of the Brazilian market share in terms of 2024 passengers, according to the Rio Times, dwarfing the next-largest operator, Latam.
FILE PHOTO: Gol and Azul airlines planes are pictured at Santos Dumont Airport in Rio de Janeiro, Brazil, January 17, 2025. REUTERS/Ricardo Moraes/File Photo By Patricia Vilas Boas and Kylie Madry ...
Reuters. FILE PHOTO: Gol and Azul airlines planes are pictured at Santos Dumont Airport in Rio de Janeiro, Brazil, January 17, 2025. REUTERS/Ricardo Moraes/File Photo ...
The Codeshare agreement, announced at the end of May, offers more travel options and convenience to Customers SÃO PAULO, July 11, 2024 /PRNewswire/ -- The airlines Azul and GOL reinforce this ...
Despite the weight the merger will give Gol and Azul, the deal could ultimately present opportunities for competitors, analysts said. Much of the market remains untapped in a country as large as ...
The airlines Azul and GOL reinforce this wednesday the commercial cooperation agreement that connects the networks of both companies through a codeshare agreement. Starting today, 40 non-overlapping ...