A PYMNTS Company

Brazil: Regulator approves Delta Air Lines, Gol deal

By  |  July 23, 2015

Brazil’s antitrust watchdog Cade approved with no restrictions a $446 million agreement between U.S. carrier Delta Air Lines Inc and Brazil’s Gol Linhas Aereas Inteligentes SA to expand their alliance.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Under the deal announced earlier this month, Delta will increase its share in Gol to about 10 percent from its current 3 percent as the Brazilian airline issues new shares.

    Cade said in a statement Thursday that it saw no competition issues in the international routes operated by both companies.

    Full content: The Street

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.