Azul, American defend investment as Abra challenges stake acquisition in Brazil
By Henrique Santiago ( September 25, 2026, 15:50 GMT | Insight) -- Governance rights linked to American Airlines' acquisition of a stake in Azul Linhas Aéreas Brasileiras could facilitate coordination between competitors beyond the direct exchange of sensitive information, Abra Group, which is participating in the review of the deal, told the Brazilian competition authority. Azul and American rejected that argument, reiterating that they do not compete with each other and that their independence would be preserved despite the granting of seats on strategic governance bodies.Azul Linhas Aéreas Brasileiras and American Airlines have criticized before Brazil’s competition authority the airline holding company Abra Group’s attempt to overturn American's acquisition of an 8 percent stake in the Brazilian company....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.