American Airlines Wins CADE Approval for $100M Azul Stake
Brazil's CADE unconditionally approved American Airlines' $100 million investment for an 8.66% stake in Azul to finalize its restructuring exit.
Aug 3, 20265 min
Regulatory
2 aviation articles tagged “CADE”
Brazil's CADE unconditionally approved American Airlines' $100 million investment for an 8.66% stake in Azul to finalize its restructuring exit.
Azul expects regulatory approval for its American Airlines partnership within two months as it navigates a probe into alleged premature coordination.