Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) is working on submitting within the next three months a proposal to the United States bankruptcy courts to merge with GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas), sources have told the Brazilian newspaper Valor Econômico.

Azul is reportedly in discussions with Abra Group, owner of both Chapter 11-encumbered GOL Linhas Aéreas and Colombia’s avianca airlines (AV, Bogotá). The sources claimed the negotiations are advanced and have…

Source: ch aviation
Read more: Brazil’s Azul preparing plan to merge with GOL – report