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Gol's owner asks Brazil's antitrust regulator to reopen the American Airlines-Azul deal

CADE cleared American Airlines' investment in Azul in February. Photo: Cassio Habib/Shutterstock

Abra Group, the holding company that owns carriers Gol and Avianca, asked CADE, Brazil's antitrust authority, to reopen a deal it had already blessed: American Airlines' USD 100 million investment in Azul, cleared without conditions by the regulator's general superintendence on July 31. 

Abra had been admitted to the case as an interested third party, which entitled it to appeal to CADE's tribunal. It filed on the last day available…

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