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UPDATE 1-United Airlines to pay $100 mln for Azul stake, for foothold in Brazil

2015-06-27 00:27:28| Airlines - Topix.net

United Airlines has agreed to pay $100 million for a 5 percent stake in Azul SA, Brazil's third-biggest airline, as it attempts to catch up with U.S. rivals with more established ties in South America's biggest air travel market. Azul's founder and chief executive, David Neeleman, who also founded JetBlue Airways Corp, announced the deal on Friday.

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OnStar expanding to Brazil in Chevy Cruze

2015-06-25 15:55:22| Green Car Congress

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New TAP Air Portugal owners vow expansion in US, Brazil

2015-06-24 13:33:27| Airlines - Topix.net

TAP Air Portugal's new owners say they intend to expand operations to 10 more U.S. destinations and eight more in Brazil, while bringing more passengers from those countries into Europe. David Neeleman, whose Gateway consortium is paying 354 million euros for a 61 percent stake in the flag carrier, said at the formal signing ceremony Wednesday he intends to inject fresh capital into the airline, which has debts of more than 1 billion euros.

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just On Call - SABMiller sticks at premium rather than Brazil twist

2015-06-22 17:15:00| Daily beverage news and comment - from just-drinks.com

SABMiller has chosen a high-end positioning for its presence in Brazil over making an acquisition in the country.

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BASF Completes 500 Million Acrylic Acid Complex in Brazil

2015-06-22 07:00:00| Nonwovens Industry Breaking News

South Americas first world-scale production complex for acrylic acid and SAP has 160,000 ton capacity.

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