Azul Might Consider Avianca Brasil Acquisition in the Future

Brazilian airline Azul SA is not currently engaged in negotiations for a possible acquisition offer for struggling Avianca Brasil, said Azul Chief Executive John Rodgerson, Reuters reported. But he acknowledged there could be space for a possible deal with Brazil’s fourth largest airline, which filed for bankruptcy protection this week. "Their bankruptcy protection case is very recent. It is possible that, in the future, we take a look at it, but right now there is nothing,” he said, nothing he will watch the “natural course” of the case. His remarks followed a report in financial newspaper Valor Econômico that said the company was considering making an offer to buy Avianca Brasil. Read more.
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