Gol Linhas Aéreas announced, through the Abras Group, its holding Controlling, the end of the flight sharing agreement with Azul Linhas Aéreas. Set in May 2024, this agreement received criticism from the Administrative Council for Economic Defense (Cade) at the beginning of September.
At the time, the Where He asked for detailed cooperation between the two companies, aiming at expanding connectivity in the domestic market.
Gol reported shareholders and market about the request for termination of these agreements with Azul on Thursday night (25).
According to the company, these agreements aimed to “establish commercial cooperation via codeshare to connect their respective aerial meshes in Brazil “.
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In the document, the Abras said he made himself available to continue advancing in the discussions “towards a business combination.”
She added that, however, “the parties did not have significant discussions or progressed in a possible business combination operation”, and that it would therefore be “ending discussions regarding a possible transaction.”
