- Dec 5, 2003
- 21,709
- 10,721
http://newsroom.united.com/2015-06-26-United-Airlines-and-Azul-Brazilian-Airlines-Form-Long-Term-Strategic-Partnership
UA has announced that it will invest in Azul of Brazil, create a partnership that will support increased partnership, and gain a seat on AD's board.
This announcement mirrors the type of arrangement DL has with Gol and also sets DL and UA up for easy approval of their joint ventures with their Brazilian partners.
Notably, Azul's strength is to markets where UA is not strong and the investment also is likely exclusive which means that B6 and Azul will not be deepening their cooperation.
UA has announced that it will invest in Azul of Brazil, create a partnership that will support increased partnership, and gain a seat on AD's board.
This announcement mirrors the type of arrangement DL has with Gol and also sets DL and UA up for easy approval of their joint ventures with their Brazilian partners.
Notably, Azul's strength is to markets where UA is not strong and the investment also is likely exclusive which means that B6 and Azul will not be deepening their cooperation.
