Talks Fly Off Course: Gol and Azul's Business Combination Grounded

Gol’s Abra Halts Merger Talks with Azul as Market Dynamics Shift

Abra Group halted merger talks with Azul on September 25, citing new market realities and completed restructurings. Gol’s holding company told Azul that their codeshare pact from May 2024 no longer made sense given heightened regulatory scrutiny. Gol finished its Chapter 11 reorganization in June, emerging with a stable balance sheet and clear shareholder line‐up. […]

Talks Fly Off Course: Gol and Azul's Business Combination Grounded

Talks Fly Off Course: Gol and Azul's Business Combination Grounded In a significant development in the aviation sector, Gol announced on Thursday that its main shareholder, Abra Group, has officially ended negotiations with Azul about a merger.The decision was communicated to Azul in a letter detailing that the discussions had been inactive for months due to Azul's preoccupation with its Chapter 11 bankruptcy process.This move halts any progress…

Brazilian carrier GOL ends merger talks with rival Azul

Brazilian low-cost airline Gol Linhas Aéreas Inteligentes SA (GOL) has announced that its parent company, Abra Group, has officially ended merger talks with rival airline Azul Linhas Aéreas Brasileiras (Azul). This decision concludes plans for a potential merger that would have formed Brazil’s largest airline group.  In a notice issued on September 26, 2025, the Brazilian airline formally informed Azul that Abra Group was terminating merger talk…

GOL ends negotiations with Azul on possible merger

Abra, the holding company that controls the Brazilian carrier GOL Linhas Aéreas, announced the termination of discussions for… The post GOL ends negotiations with Azul on possible merger appeared first on Air Data News.