Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) and GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) are reportedly in advanced merger negotiations, with plans to sign a Memorandum of Understanding (MoU) in the coming weeks, according to the Brazilian newspaper Valor Econômico.

The MoU is expected to outline key aspects of the potential business combination, including governance, capital structure, and options for structuring the deal. As part of the proposed arrangement, both companies are considering…

Source: ch aviation
Read more: Brazil’s Azul, GOL approaching merger MoU – reports