Brazilian Airlines Struggle as Global Competitors Thrive

The Brazilian airline industry is struggling in 2024, with leading carriers Azul and Gol experiencing sharp stock price declines of 60% and 85%, respectively, since late 2023. This contrasts starkly with their international peers’ performance. Gol has entered Chapter 11 bankruptcy proceedings in the U.S., while Azul fights to avoid a similar fate. Meanwhile, Chile’s […]