Azul and Gol stocks surge on potential merger talks

Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they ...
Gol and Azul propose to maintain separate brands while coordinating their finances, networks and product offerings.
Airlines signed an agreement that will form a company with 60% market share; Azul's CEO will chair the new group ...
Azul and Abra, the majority investor of Gol and Avianca, have announced today they have signed a non-binding Memorandum of Understanding (MoU) with the intent to combine their businesses in Brazil.