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 ...
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GOL & Abra Group Reach Agreement To Clear $2.55 Billion In Debt For Chapter 11 Exit
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 ...
AviationPros12d
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 ...
Aviation Week13d
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 ...
Flightglobal13d
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 ...
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, ...
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Azul and Abra Group to Combine Businesses in Brazil
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 ...