Azul and Gol look to combine in Brazil
January 16, 2025
Azul and Gol, two of Brazil’s leading airlines, are set to combine in a move that could reshape the nation’s aviation landscape.
Announced on Wednesday, Azul and Abra, the majority investor of Gol and Avianca, have signed a non-binding Memorandum of Understanding (MoU) to explore merging their operations. This strategic decision aims to strengthen Brazil’s position in the global aviation sector.
The proposed merger focuses on enhancing growth within the Brazilian aviation industry by offering more destinations, routes, and connectivity for passengers. With Azul and Gol’s networks boasting approximately 90% complementary and non-overlapping routes, the integration is expected to bring significant benefits, including an expanded range of domestic and international flights.
Despite the planned combination, both airlines will maintain their operating certificates, ensuring that their brands and operations remain distinct. The MoU includes agreements on governance and capital structure, outlining a clear pathway toward regulatory approvals.
This potential merger represents a major step for Brazilian aviation, promising more options and improved services for consumers. It is also expected to create opportunities for new destinations, strengthening connectivity across Brazil and beyond. As the process moves forward, Azul and Abra aim to unlock synergies that will boost the efficiency and competitiveness of their combined fleets, they said.
“Azul was created with the aim of expanding the Brazilian airline market, seeking to increase Brazilians’ access to air travel, regardless of where they are in the country, through expanded connectivity. This combination of forces would provide the opportunity to strengthen the sector, increasing the number of flights on offer, reaching more than 200 cities served in Brazil and the ability to compete in a highly globalised sector,” said Azul’s CEO, John Rodgerson.
“Increased connectivity and job creation are some of the many positive results expected from this agreement, while also delivering high quality service and the search for the best value for money for the consumer,” he added.
