Aviacionline
• Pablo Diaz
Azul and GOL Sign MoU for Brazil's Largest Airline Merger
Azul and the Abra Group, controlling Gol, have signed a non-binding MoU to evaluate a merger potentially forming Brazil's largest airline. This strategic move would consolidate their market position, gaining approximately 60% of the domestic aviation market, amid Gol's Chapter 11 restructuring in the US.