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TBT (Throwback Thursday) in Aviation History: Transbrasil

The Brazilian airline known initially as Sadia was founded in 1955 as the sister company to S/A Indústria e Comércio Concórdia. On March 16, 1956, their first aircraft, a DC-3, took to the skies under the name Sadia S/A - Transportes Aereos. It…

United Airlines Acquires a Stake in Azul for $100 Million

In an attempt to compete in the bustling Latin and South American markets, United will pay $100 million to acquire a 5% stake in Azul, the third largest airline in Brazil. The cash payment will be a capital injection, rather…