Azul and Gol stocks surge on potential merger talks

Azul and Gol stocks surge on potential merger talks: what investors should know
Azul and Gol shares rose sharply on Thursday, following the announcement of a proposed merger between the two Brazilian airlines. Azul’s stock price rose by more than 4%, while Gol’s shares jumped by about 8%.
Azul, Gol inch closer to potential tie-up to form major Brazil airline
Azul and Gol , two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America's No. 1 economy, a securities filing showed on Wednesday.
Azul and Gol's owner Seal Merger to Create an Aviation Giant
Airlines signed an agreement that will form a company with 60% market share; Azul's CEO will chair the new group
Azul stock rises on merger progress with GOL
Shares of Azul (NYSE:AZUL) climbed 3% in US premarket trading following the announcement of significant progress towards a potential merger with GOL.
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 and GOL agree to enter merger talks to create Brazil’s largest airline
Brazilian carriers Azul and GOL have agreed to enter merger talks in a deal that could create Brazil’s largest airline group.
Azul and 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 work toward a merger, potentially creating one of the largest airlines in Latin America.
Azul, GOL Enter Historic Merger Discussions
In a significant development for South American aviation, Brazilian carriers Azul Brazilian Airlines (AD) and GOL Linhas Aéreas (G3) announced on January 15, 2024, that they had signed a non-binding agreement to explore a potential merger.
MercoPress21h
Azul and Gol announce merger to create aviation giant
Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they ...
Aviation Week21h
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 ...
AviationPros14h
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 upgraded to Buy from Neutral at Seaport Research
Seaport Research upgraded Azul (AZUL) to Buy from Neutral with a $5 price target Azul and Abra Group, the majority investor of Gol and ...