Brazil’s Azul, GOL approaching merger MoU – reports
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 [...]