Gol in trouble, Latam and Azul on the lookout: how this affects airfares

Gazeta do Povo examines how the crisis at Gol, under Chapter 11 protection in the United States, and the interest of Latam and Azul in its assets could affect airfares in a market where the three largest carriers hold 99.5% of domestic traffic. Ricardo Jacomassi, partner and chief economist at TCP Partners, sees the companies' debt as a barrier to consolidation and expects Gol to keep operating normally, as Latam did. “We expect the same in Gol's case,” he says.

Source: Gazeta do Povo, April 5, 2024.