Azul, American Airlines urge Brazil's CADE to reject Abra appeal of investment deal
By Henrique Santiago ( August 21, 2026, 20:23 GMT | Insight) -- Azul Linhas Aéreas Brasileiras and American Airlines told CADE that Abra's attempt to intervene in the deal via an appeal lacks substance. They argued that the third party's request for the watchdog's General Superintendence to "reexamine" the investment would "set a dangerous precedent" in Brazil.Azul Linhas Aéreas Brasileiras and American Airlines joined forces to request Brazil's competition authority, the Administrative Council for Economic Defense, or CADE, to reject an appeal filed by third-party intervener Abra Group, the airline holding company that owns Brazil's Gol Linhas Aéreas and Colombia's Avianca....
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