A320neo Azul Brazilian Airlines MSN7186 take off scaled
Brazil’s antitrust regulator, CADE, cleared American Airlines’ $100 million investment in Azul on July 31, unconditionally. American will acquire an 8.66% equity stake, a board seat, and a seat on Azul’s strategic committee. Unless challenged within 15 days of publication in Brazil’s official gazette, the deal becomes final.
That’s a clean, unremarkable-sounding regulatory approval. The more interesting fact sits one layer down.
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