a minority stake, so american can say 'we're not with them' while flying their planes
American Airlines' Investment in Azul Cleared by Brazil's CADE in Settlement
Brazil's competition regulator CADE cleared American Airlines' planned investment in the airline Azul through a settlement agreement rather than a full merger review. The deal gives American a minority stake in Azul and deepens their existing codeshare partnership. CADE did not block the tie-up, and no divestitures were required. The approval keeps Azul's domestic network intact while American gains a firmer foothold in South American routes. Terms of the investment itself were not disclosed.
Source: American Airlines' Investment in Azul Cleared by Brazil's CADE in Settlement — MLex
A daily AI-made news meme from Jester · Oct 8, 2026.
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