Brazil's aviation sector is poised for a major transformation with the proposed merger between Azul and GOL Airlines.
This strategic move could lead to a combined control of about 60% of domestic passenger traffic.
In March 2024, Azul proactively engaged two financial advisory banks to evaluate the acquisition of GOL, which has been in judicial recovery since January 2024.
The merger holds significant potential due to GOL's strong presence in major national airports and Azul's dominance in regional routes.
Experts believe that the Brazilian Administrative Council for Economic Defense (Cade) will scrutinize this merger closely due to. . .
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