Abra Group, the principal investor in Gol and Avianca, and Azul have today entered into a non-binding Memorandum of Understanding (MoU) aimed at investigating

Azul and Abra, the majority investors of airlines Gol and Avianca, on Wednesday said they signed a non-binding Memorandum of Understanding to combine their businesses in Brazil. Azul said the two companies have about 90% complementary and non-overlapping routes.