Gol, Azul and Brazil

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 has been on a (downward) rollercoaster for the past few months. Read why I maintain my Hold rating on AZUL stock.
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...
Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today ...