Brazilian airline Azul announced on Tuesday that it has successfully concluded a debt restructuring process. This process involved discussions with bondholders, suppliers, and plane lessors, as stated ...

Chapter 11 emergence due to high capital requirements and unattractive P/E ratio. See why we are neutral on LTM stock here.

Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...

DALLAS — The Brazilian government has expressed its support for the potential merger between Brazil’s two low-cost carriers (LCC), GOL Linhas Aéreas Inteligentes (G3) and Azul Linhas Aéreas ...

A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, ...

In the face of Latin American airline losses due to the current high cost of living, the government's financial intervention may boost the sector.

Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating ...

Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on ...

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, ...

A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government ...

KLM, and others, are considering investing in Gol, a Brazilian carrier undergoing Chapter 11 bankruptcy in the U.S. The investment discussions align with Gol's potential merger with Azul, which aims ...

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 ...