Previous Close | 0.2000 |
Open | 0.3800 |
Bid | 0.2000 |
Ask | 0.3500 |
Strike | 7.50 |
Expire Date | 2024-08-16 |
Day's Range | 0.3500 - 0.3800 |
Contract Range | N/A |
Volume | |
Open Interest | 895 |
(Bloomberg) -- An agreement between Azul SA and Gol Linhas Aereas Inteligentes SA to connect their flight networks is the first step toward the companies consolidating, according to one person familiar with the matter.Most Read from BloombergWhat the Trump Jury Saw as Evidence Against Him in 12 ImagesSingapore Air Changes Seatbelt Rules After Fatal TurbulenceThe Rise and Fall of Simon Sadler's Segantii, One of Asia's Most Successful Hedge FundsHungary Wants to ‘Redefine’ Its NATO Membership, Orb
Azul continues to anticipate 2024 EBITDA to be around R$6.5 billion.
Shares in Brazilian airlines Azul and Gol soared on Friday after they announced a codeshare agreement, connecting their networks and frequent flyer programs in a move that reignited speculation about a potential merger. Azul shares jumped over 10% on the announcement, while shares of Gol rose as much as 19%. Gol and Azul are respectively Brazil's second and third-largest airlines by revenue passenger kilometer, a gauge of traffic.