Abra Group, the principal investor in Gol and Avianca, and Azul have today entered into a non-binding Memorandum of Understanding (MoU) aimed at investigating the potential integration of their operations in Brazil. This initiative seeks to enhance connectivity throughout the nation by broadening the scope of national, regional, and international flights, thereby improving competitiveness, products, and services, as well as fortifying Brazil’s links with the global community. It is important to note that Gol is not involved in this MoU.
Gol and Azul’s networks and fleets align in nearly 90% of their routes, with each airline operating aircraft of varying sizes and catering to distinct destinations. The involved parties anticipate that a merger would yield efficiencies and cost savings, ultimately benefiting consumers. Following the completion of this transaction, both Gol and Azul are expected to maintain their independent brands and operating licenses, collectively serving over 200 destinations both within Brazil and internationally, while also aiming to enhance their airline networks and connectivity, as well as generate additional employment opportunities.