Azul S.A. (AZUL) announces successful debt restructuring, eliminating over $2.1 billion in financial obligations and securing ...
Brazilian airline Azul announced on Tuesday that it has successfully concluded a debt restructuring process. This process involved discussions with bondholders, suppliers, and plane lessors, as stated ...
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial obligations with ...
DALLAS — The Brazilian government has expressed its support for the potential merger between Brazil’s two low-cost carriers (LCC), GOL Linhas Aéreas Inteligentes (G3) and Azul Linhas Aéreas ...
A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, ...
In the face of Latin American airline losses due to the current high cost of living, the government's financial intervention may boost the sector.
Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on ...
Breeze Airways was profitable in the fourth quarter of 2024, the airline said, its first quarterly profit since it began ...
KLM, and others, are considering investing in Gol, a Brazilian carrier undergoing Chapter 11 bankruptcy in the U.S. The investment discussions align with Gol's potential merger with Azul, which aims ...
Major global airlines are in talks with Gol to invest in the Brazilian carrier, which is undergoing Chapter 11 bankruptcy proceedings in the U.S., local newspaper Valor Economico reported on Tuesday, ...