Abra Group, majority investor of Avianca and with participationón and GOAL, and Blue They have signed a memorandum of understanding not binding on the objective of exploring possible synergies in their operations in Brazil.
This explorationón focuses on the possibility of improving connectivity throughout the PAís mediation la expansiónumber of domestic flights, regional and international, así as in improving competitiveness, products and services, and the strengthening of Brazil's connections with the rest of the world. It is important to note that goal is not part of this MDE.
Open Group (GOAL) and blue sign memorandum
In the statement shared by Open, The company recognizes that goal and blue networks and fleets, They present significant complementarities in a great proportionón of your routes, operating aircraft of different tamaños and serving different destinations. It is anticipated that a possible collaborationócan'títo generate efficiencies and cost reductions, what potentially benefitíA to consumers. In case of some form of collaborationón, se prevé that compa themñías maintainedíAn its independent brands and operating certificates, serving a wide network of destinations in Brazil and internationally, With expansi plansóNetworks and connectivity.
A representative of Abra Group commentó That this explorationón is part of the group's strategy to strengthen the Brazilian marketñor and increase the presence in the PAís, enhancing its global network. in addition, reaffirmó The continuous support of Abra Group to the Gestión of Gol and to its restructuring processón under the Capíleakage 11, showing optimism about their future perspectives as an independent entity.
A fundamental principle has been agreed to ensure capitalizationón appropriate, looking for any form of collaborationón results in a net leverage of the combined entity comparable or better than the net leverage of Gol At the time of transacción, Once your reorganization plan is completedón.
It is crucial to emphasize that the closure of any transacción isá subject to negotiationón of téeconomic termsóMycos between Abra Group and blue, the completionósatisfactory of due diligence, The firm of final agreements, I obtainedón of corporate and regulatory approvals (including Brazilian antitrust authoritiesñas), Compliance with the usual closure conditions, to consumersón Del Plan de reorganizationón of the Capeíleakage 11 goal and receptionón by Abrajepresaci Abrapreaciócorresponding n.
The announced MDE represents an initial stage of a negotiation processón to explore the viability of a possible transacción. Therefore, The strategy, I lead herón of business and operations of Abra Group and of Gol do not change as a result of executionón of the same.
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