- Zacks
Here's Why Investors Should Retain AZUL Stock for Now
AZUL's top line is bolstered by an uptick in air travel demand. However, low liquidity is a major headwind.
- Bloomberg
Lula Wants Strings Attached to Brazil’s Rescue Plan for Airlines
(Bloomberg) -- Brazil’s government has presented its aid plan for the airline industry to the three largest players in the country with an announcement expected in the second half of the year, according to people familiar with the matter.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep P
- Reuters
Brazil airline Azul does not foresee antitrust hurdles to codeshare deal with Gol
Brazilian airlines Azul and Gol have informed local antitrust regulator CADE of their new codeshare agreement and do not expect hurdles to be imposed, Azul's chief executive told Reuters. The carriers, which each have around 30% of domestic market share, unveiled the deal last week, covering all domestic routes operated by one but not the other, along with their frequent flyer programs. The move also reignited speculation of a potential merger between the airlines, which would need antitrust approval.
