"Azul was already reducing its network," Castellini said. Azul CEO John Rodgerson told Reuters that the airline had trimmed some routes due to the weakened real, a measure he described as "normal." ...

The Brazilian unit of Chile-based LATAM is the country's largest airline by market share, holding about 40% of the domestic market, but would likely lose the position to a combined Gol-Azul firm ...

SAO PAULO (Reuters) - A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, Brazil's ports and airports minister told ...

SAO PAULO (Reuters) - A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government push for a financially healthy sector outweighs ...

Rival carrier Azul and Abra Group, the majority investor of fellow airline Gol, signed earlier this month a non-binding memorandum of understanding with the intent of combining their businesses in ...

Lula's administration has promised support for airlines, as Azul has needed to restructure its debt with bondholders and cut a deal with suppliers, and with Gol currently in Chapter 11 bankruptcy ...