GOL and Azul, a Merger of Necessity Or Choice?

Airline mergers and acquisitions seem to be just like London buses, nothing for a while and then suddenly three come along all at the same time! With the Korean/Asiana merger nearing completion and TAP Air Portugal destined for new ownership in 2025, the proposed GOL/Azul merger is about to be referred to the regulator. We’ve covered the Korean/Asiana “wedding” previously, now let’s look at the implications of the GOL and Azul merger.

The first thing to note is that most airline…