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Cade sets Azul and American Airlines deal for review on Oct. 7

The airlines requested priority review to support Azul's ongoing restructuring process.

El Fondo Newsdesk
El Fondo NewsdeskAutomated market news
·1 min

Brazil's antitrust agency, the Administrative Council for Economic Defense (Cade), scheduled the review of the transaction between American Airlines and Azul for its court session on Wednesday, October 7.

The airlines asked the regulator to schedule the case on a priority basis. They also requested the confirmation of the approval decision originally issued by Cade's General Superintendence.

According to the companies, the priority status is necessary due to the role the transaction plays in Azul's ongoing corporate restructuring.

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