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AZUL Nov 2024 10.000 call
| Previous close | 0.1600 |
| Open | 0.1500 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 10.00 |
| Expiry date | 2024-11-15 |
| Day's range | 0.1500 - 0.1600 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
ReutersAmid merger speculation, Brazilian airline Gol parent talks with Azul
SAO PAULO (Reuters) -The parent company of Brazilian airline Gol has started talks with rival Azul to "explore opportunities," both airlines said on Monday, following media reports earlier this year that pointed to a potential merger. Azul added in a securities filing it has not signed or formalized any new agreement regarding a potential business combination with Gol, which is controlled by Latin American airline holding company Abra Group. Abra Group was formed in 2022 to combine Gol and Colombia's Avianca under a common holding company jointly controlled by the main shareholders of both firms.
ZacksAZUL Benefits From Surge in Travel Demand Amid Debt Woes
Azul continues to anticipate 2024 EBITDA to be around R$6.5 billion.
ReutersAzul, Gol shares jump as Brazil airlines reveal codeshare deal
Shares in Brazilian airlines Azul and Gol soared on Friday after they announced a codeshare agreement, connecting their networks and frequent flyer programs in a move that reignited speculation about a potential merger. Azul shares jumped over 10% on the announcement, while shares of Gol rose as much as 19%. Gol and Azul are respectively Brazil's second and third-largest airlines by revenue passenger kilometer, a gauge of traffic.
