JPMorgan Praises Gol’s Strategic Five-Year Plan, Maintains Sell Recommendation

Gol (GOLL4) unveiled a five-year business plan on Monday to aid its ongoing Chapter 11 process, started in January 2024. Following this, Gol and Azul (AZUL4) announced a codeshare agreement to merge their flight networks across Brazil. This codeshare, revealed last Friday, boosted the market, hinting at a possible merger. Consequently, AZUL4 shares rose 5.18% […]

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