No-Go In Brazil: GOL-Azul Merger Talks End, Codeshare Discontinued

Brazil’s Azul Linhas Aereas has ended commercial discussions regarding the merger with Abra Group’s GOL Linhas Aéreas Inteligentes (GOL), according to a securities filing on September 25, 2025. The discussions were based on a non-binding agreement signed on January 15, 2025, that outlined possible terms for a merger.