Gol Airlines
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Brazil Budget Freeze Grounds Aircraft Approval Process
Gol and Azul Airlines parked at Congonhas Airport (CGH) in Sao Paulo, Brazil, on Saturday, June 28, 2025. Azul SA's bankruptcy filing will allow it to restructure and reduce debt, but may impact its proposed merger with Gol Airlines and make it harder to compete with regional peers that have already restructured.