A look at how GOL purchasing Varig impacted Brazilian aviation long-term

Mergers and acquisitions in the aviation industry often tell the tale of one carrier that is in decline and another that is set to benefit significantly from the purchase. Throughout the past few decades, multiple airline mergers have taken place, which have fundamentally shifted the structure of major air markets, and others, which will go on to set a precedent for decades of management decisions to come.



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