Brazil's Government Backs Gol-Azul Merger to Bolster Airline Sector

Brazil's government has thrown its support behind the proposed merger between Gol Linhas Aéreas and Azul Linhas Aéreas, aiming to strengthen the country's airline sector. The move comes as the two airlines, along with LATAM Airlines Brazil, face financial challenges and currency headwinds. The government's backing could help the merged entity navigate these obstacles and emerge as a more robust player in the South American aviation market.