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Azul, TRIP reveal merger plans

Brazilian carriers Azul and TRIP on Monday announced plans to merge, a move that would create an airline with about a 15% market share in Brazil, behind only dominant players TAM and GOL.

Azul E-195. Courtesy, Embraer Brazilian carriers Azul and TRIP on Monday announced plans to merge, a move that would create an airline with about a 15% market share in Brazil, behind only dominant players TAM and GOL. "A third force in Brazilian aviation is being born," TRIP chairman Renan Chieppe told reporters in Sao Paulo, according to multiple media reports. Azul founder and CEO David Neeleman will run the combined company, which will be two-thirds controlled by ...

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