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 ...

Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today ...

GOL Linhas Areas Inteligentes (GOL) has announced that it reached an agreement with Abra Group, its parent company, which will convert up to $2.5 billion of debt and obligations into equity as it ...

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 ...

Signing the papers on behalf of Gol was the UK-based Abra Group, which will be the largest shareholder in the merged company, and currently owns a majority of Colombia's Avianca Holdings.

GOL Linhas Aéreas Inteligentes S.A. has responded to a request from the Brazilian Securities and Exchange Commission regarding news of a potential merger involving Azul and Abra Group ...

Executives from Azul and Abra Group — Gol’s largest shareholder — signed a non-binding memorandum of understanding on Wednesday, opening talks for a merger process. If the companies can ...