Flightglobal1d
Azul concludes restructuring with ‘extinction’ of $2.1bn debt
Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...
AviationPros14d
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 ...
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 ...
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.
Bloomberg L.P.15d
Azul, Abra Open Talks to Merge as Brazil’s Biggest Airline
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 ...
Azul's Restructuring Misses Key Details And May Come With Massive Dilution
Azul has been on a (downward) rollercoaster for the past few months. Read why I maintain my Hold rating on AZUL stock.
Aviation Week14d
Abra And Azul Make The First Move To Build A Fortress In Brazil
After months of speculation and discussions, Brazilian operator Azul has reached a non-binding Memorandum of Understanding (MoU) with GOL’s parent Abra Group to combine their businesses in ...
Flightglobal14d
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, 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, ...
Aviation Week7d
Abra And Azul Work To Drive Major Consolidation In Latin America
Since its creation as a new entity in 2023, Latin American airline group Abra has worked to forge additional consolidation in the region. Now as it plans to combine Brazilian operators Azul and GOL, ...
Morningstar14d
Azul and Abra sign non-binding MoU with intent to combine their businesses in Brazil
The closing of the transaction is subject to Abra and Azul agreeing on economic terms of the transaction, the satisfactory completion of due diligence, entering into definitive agreements ...