Airlines negotiated the combination of their business since January 2025; Minister of Ports and Airports says that outcome is good for the sector
The actions of and the fired on Friday (26.Set.2025), the day after the announcement of the airlines.
According to the stock market site, Azul’s roles recorded an appreciation of 18.1% at 12:30 pm, being traded at R $ 1.24. Gol shares reported a growth of 6.2% at the same time at a price of R $ 6.01 per share.
The ABRA group, Gol controller, announced on Thursday (25.Set.2025) that ended negotiations for the merger.
In a statement, Gol said it sent the notification to Azul requesting the termination of the agreements. Here’s (PDF – 199 kB).
Azul has also published a statement to its shareholders informing the end of the Codeshare Agreement – in which 2 or more companies share the same flight – between companies. Here’s (PDF – 148 kb).
The union of the two companies would create an airline with 60% of the Brazilian market. In January this year, Abra and Azul signed a memorandum of understanding that could lead to the merger of companies.
The minister (ports and airports) said in an in X that the end of negotiations to merge between Gol and Azul is the result of the “Strengthening airlines and aviation growth in Brazil, boosting business and leisure tourism”. He wrote: “The sector consolidates itself, generating more opportunities and connecting the country!”.
