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Avianca Brasil strikes deal with Azul

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Avianca Brasil strikes deal with Azul

Azul has signed a non-binding agreement with Avianca Brasil to acquire 70 pairs of airport slots and approximately 30 Airbus A320 aircraft for the indicative purchase price of up to US$105 million. Under Brazilian Bankruptcy and Judicial Reorganization Law, the assets will be transferred to a new en...

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