Restructuring includes commitment of $1.6 billion in financing Deal also includes elimination of more than $2 billion of debt Further commitment of up to $950 million in equity financing May 28 ...

Brazil's Azul Airlines, the country’s third-largest carrier, filed for Chapter 11 bankruptcy protection in a New York court on Tuesday to restructure R$ 31.35 billion (US$ 5.56 billion) in debt. The ...

The chief executive of Gol parent company Abra Group says a business combination with Brazilian compatriot Azul is still on the agenda, despite the latter carrier recently entering Chapter 11 ...

It's fair to conclude that Azul tried extremely hard to avoid Chapter 11 bankruptcy protection. But despite two major out-of-court restructurings of its balance sheet over the course of the last two ...

RIO DE JANEIRO (Reuters) -Brazilian airline Azul reached a settlement with unsecured creditors, advancing its financial restructuring after having filed for Chapter 11 protection in May, the firm said ...

Azul currently flies eight U.S. routes, all to either Fort Lauderdale or Orlando. Photo Credit: Joao Fachetti/Shutterstock Brazilian carrier Azul has filed for Chapter 11 bankruptcy protection. The ...

Brazilian airline Azul has emerged from bankruptcy protection after reducing its debt burden by $2.5 billion. Azul officials made the announcement Wednesday morning. The carrier, one of the largest in ...

SAO PAULO (Reuters) -Azul is not planning on filing for Chapter 11 bankruptcy protection, the Brazilian airline's CEO told Reuters, contradicting reports which caused the carrier's shares to nosedive ...

A Azul está em negociações avançadas com credores para um financiamento de aproximadamente US$ 600 milhões que apoiaria a empresa durante um potencial Chapter 11 que poderia ocorrer já na próxima ...

Azul SA filed for bankruptcy, the latest major Brazilian airline to seek protection from creditors after struggling for more than a year with higher expenses and the lingering impact of the pandemic ...