Gol Surges Nearly 12% and Azul Jumps 5% After Partnership Reignites Merger Speculation

On Friday, the Brazilian stock market witnessed a significant surge in the shares of two major airlines, Azul and Gol. This spike was triggered by the announcement of a new commercial cooperation between the two. They utilized a codeshare strategy to integrate their flight networks across Brazil, covering over 150 destinations. Azul’s stocks surged by […]