Amid merger speculation, Brazilian airline Gol says parent talking with Azul
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Brazilian airline Gol has confirmed that its parent company Abra Group is in talks with airline Azul to explore opportunities. The possible agreement between Abra Group and Azul would not be binding for Gol. Last week, Gol and Azul announced a codeshare agreement connecting their networks and frequent flyer programs, sparking speculation about a potential merger. Gol filed for bankruptcy protection earlier this year, while Azul denied negotiations over any deal with Gol.

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https://www.investing.com/news/stock-market-news/amid-merger-speculation-brazilian-airline-gol-says-parent-talking-with-azul-3460052