Brazil Airlines Azul CEO Says Gol Informed Antitrust Regulator Cade Of Codeshare Agreement Ahead Of Announcement; Sees No Antitrust Hurdles To Codeshare Deal With Gol
Portfolio Pulse from Benzinga Newsdesk
Azul's CEO stated that Gol informed Brazil's antitrust regulator, Cade, about their codeshare agreement before its announcement. The CEO does not foresee any antitrust issues with the deal.
May 29, 2024 | 4:31 pm
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Azul's CEO confirmed that Gol informed Brazil's antitrust regulator, Cade, about their codeshare agreement before its announcement. The CEO does not foresee any antitrust issues with the deal.
The confirmation that Gol informed Cade about the codeshare agreement and the lack of anticipated antitrust issues are positive signals for Azul. This reduces regulatory risk and could lead to operational synergies, potentially boosting investor confidence.
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