Unlike some airlines elsewhere around the globe that have recently sought Chapter 11, Azul doesn't have a flawed business ...

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 ...

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.

Mesmo enquanto enfrentava pressões pelo câmbio e os efeitos persistentes da pandemia, a Azul insistia que faria de tudo para evitar um pedido de recuperação judicial. Azul recorre ao Chapter ...

Azul joins Gol and Latam in filing Chapter 11 in the US, these are the main airlines in Brazil, and this could lead even lessors to increase their business analysis to operate with Brazilian airlines.

Azul’s ratings downgraded to Ca by Moody’s amid chapter 11 filing. Investing.com -- Moody’s Ratings has announced a downgrade of Azul S.A.’s corporate family rating (CFR) to Ca from Caa2.

Azul entered Chapter 11 in late May, while Gol itself is working through the same process but is expected to exit that status this week, according to Abra chief Adrian Neuhauser, ...

These ratings will be withdrawn shortly following the filing for Chapter 11, as per Moody’s Ratings’ Withdrawal of Credit Ratings Policy. This article was generated with the support of AI and ...

A Davis Polk & Wardell team spread between offices in New York and São Paulo is advising Brazil’s largest airline on a Chapter 11 restructuring and $1.6 billion debtor-in-possession financing ...

The superpriority notes due 2030 and the exchanged first-lien notes due 2028 of Azul Secured Finance LLP have also been downgraded to Ca from Caa1. The outlook for all issuers remains negative. This ...

Azul received (30-May-2025) interim court approvals for all of its First Day motions related to its voluntary Chapter 11 petitions filed in the US.Among other relief, the court granted approval for ...

Brazilian airline Gol Linhas Aéreas Inteligentes SA is ramping up international expansion as part of a strategy to boost growth and reduce dependence on its home market after exiting Chapter 11 ...