This partnership covers all exclusively operated domestic routes, that is, routes operated by one of the two companies but not the other. Azul and Gol operate approximately 1,500 daily departures.
Brazilian airlines Gol and Azul have risen more than 12% and 8%, respectively, at the start of the stock market session this Friday the 24th after announcing the signing of a commercial cooperation agreement that will connect their flight networks in Brazil to through a codeshare agreement.
Specifically, Gol shares have increased by 12.7%, reaching a price per share of 1.42 Brazilian reals (US$ 0.27). For its part, Azul rose 7.51% on the Brazilian stock market and 8.29% on the United States stock market, with individual prices per share of 10.59 reais (US$ 2.05) and US$ 6.14.
This partnership covers all exclusively operated domestic routes, that is, routes operated by one of the two companies but not the other. Azul and Gol operate approximately 1,500 daily departures. This agreement will create more than 2,700 travel opportunities with a single connection.
The agreement also covers frequent flyer programs, allowing "Azul Fidelidade and Smiles" members to earn points in their preferred program by purchasing segments included in the codeshare agreement.
Consumers will benefit from this commercial partnership starting at the end of June, when the offer will be available through the sales channels of both companies.
Customers will gain access to hundreds of new domestic routes, along with more convenient connection opportunities. For example, you could travel from Brasilia to Tabatinga with a brief stopover in Manaus, or from Rio de Janeiro to Marabá with a stop in Belém.