Overview

• Gol’s controller, Grupo Abra, formally notified Azul on September 25 that discussions under a January 15 memorandum of understanding were terminated after months without substantive talks.
• Gol asked to rescind the codeshare agreements signed in May 2024 and said it will honor tickets issued under the partnership to protect passengers.
• Cade’s case rapporteur, Carlos Jacques, reiterated that codeshare arrangements receive no automatic antitrust exemption and require case‑by‑case review.
• A combined Gol–Azul operation was estimated to control about 60% of Brazil’s air travel market, a level that had drawn competition concerns in prior scrutiny.
• The Ministry of Ports and Airports said it is monitoring the situation and emphasized the country will continue to have three major carriers—Gol, Azul and Latam.