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Brazilian airline Azul aims to exit Chapter 11 proceedings early next year, Fabio Campos, institutional and corporate ...
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 ...
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Brazil's Azul Files For Bankruptcy - MSNAzul Brazilian Airlines is filing for Chapter 11 bankruptcy as it looks to restructure and reduce billions of dollars of debt. In a statement, the São Paulo-based airline said it has reached an ...
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 SA’s pursuit of a merger with Gol Linhas Aereas Inteligentes SA has gained momentum, with talks underway for a deal with the controlling shareholder of the rival Brazilian airline ...
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 ...
Since 10JUN25, Azul Brazilian Airline, has begun operating A330 aircraft from Madrid (MAD) and Porto (OPO), to destinations ...
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.
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