Matheus Obst In a recent report, I discussed the bankruptcy of Gol Linhas Aéreas Inteligentes S.A. (OTCPK:GOLLQ) and one of the questions I received was whether Azul S.A. (NYSE:AZUL) would benefit from the Gol bankruptcy, and intuitively one would argue that will be the case. However, in this report, I explain why there's no certainty that the Gol bankruptcy will help Azul. For the time being, I'm not altering my rating for Azul, but I want to discuss the Gol-Azul dynamics from a qualitative perspective. Th ...