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Brazilian airline Azul aims to exit Chapter 11 proceedings early next year, Fabio Campos, institutional and corporate ...
I visited Brazil and flew on AZUL's largest plane, the A350, from Paris Orly to São Paulo Campinas. After landing, I traveled ...
A Brazilian airline executive said economic troubles have hurt the carrier more than fears of Zika, ... Brazil's Azul rebounds with economy, Olympics. Bart Jansen. USA TODAY ...
Even as the Brazilian airline Azul SA struggled with exchange rate pressures and the lingering effects of the pandemic, top executives insisted they would do whatever they could to avoid filing for ...
Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial obligations with bondholders, suppliers and plane lessors, according to a securities filing.
Since its inception in 2009, Azul has had a remarkable journey. In the past 15 years, Azul has challenged the dominance of GOL-LATAM’s duopoly in Brazil's domestic market, effectively taking ...
Azul shares jumped over 10% on the announcement, while shares of Gol rose as much as 19%. Gol and Azul are respectively Brazil's second and third-largest airlines by revenue passenger kilometer, a ...
Azul's net debt soared 50% year-on-year by the end of the first quarter to 31.35 billion reais ($5.56 billion), with its leverage ratio hitting 5.2, up from 3.7 a year earlier. ($1 = 5.6377 reais) ...
Brazilian carrier Azul SA and the principal shareholder for rival Gol Linhas Aereas Inteligentes SA reached an agreement to work toward a merger, potentially creating one of the largest airlines ...
Unlike some airlines elsewhere around the globe that have recently sought Chapter 11, Azul doesn't have a flawed business ...
Reuters. FILE PHOTO: An Embraer PR-AXZ airplane of Azul Brazilian Airlines is seen at Sao Paulo international airport in Guarulhos, Brazil November 21, 2024.
SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial obligations with bondholders, suppliers and plane lessors, according ...