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Gol Surges Nearly 12% and Azul Jumps 5% After Partnership Reignites Merger Speculation

On Friday, the Brazilian stock market witnessed a significant surge in the shares of two major airlines, Azul and Gol ....

Azul and Gol launch codeshare partnership

Brazilian carriers Azul and Gol announced an agreement whereby each company could sell seats on codeshare domestic flights solely operated by the other, Agencia Brasil reported Friday. The understanding will become effective next month, it was also explained. Routes on which both companies compete directly are excluded. ....

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Azul S.A. (NYSE:AZUL) Receives $11.86 Consensus Target Price from Analysts

Azul S.A. (NYSE:AZUL – Get Free Report) has been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the […] ....

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