Azul Linhas Aéreas is reportedly in the final stages of negotiating a memorandum of understanding (MoU) with Gol Linhas Aéreas. This move could lead to the full integration of the two airlines. According to sources cited by Valor Econômico, the MoU will outline the framework for a merger, including governance, capital structure, and options for structuring the deal. This development has far-reaching implications for Brazil’s aviation market and Abra Group, Gol’s parent company.
Gol’s likely departure from Abra Group
If the merger proceeds, industry insiders expect Gol to leave Abra Group and dissolve into Azul, creating a unified entity independent of Abra’s oversight. Abra, established in 2022 to consolidate Latin American carriers Avianca and Gol, would lose its most valuable asset in Brazil, significantly reducing its footprint in the region’s largest aviation market.
Pablo Diaz is an award-winning journalist based in Buenos Aires, Argentina. He is also Editor In Chief of Aviacionline.com. Law, Engineering, and a pinch of science. When in doubt, trust evidence.
