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The Sao Paulo-based airline Azul filed for bankruptcy protection, initiating the Chapter 11 process at a US court.
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The court granted approval for the Brazilian airline operator to access $250 million of its $1.6 billion debtor-in-possession ...
Brazilian airline Azul aims to exit Chapter 11 proceedings early next year, Fabio Campos, institutional and corporate ...
Brazilian airline Azul aims to exit Chapter 11 proceedings early next year, Fabio Campos, institutional and corporate ...
Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) has filed for Chapter 11 bankruptcy in the United States, looking to ...
Azul Airlines has filed for Chapter 11 bankruptcy in the U.S., securing $1.6B in financing and backing from American and ...
Brazil has reached a trifecta now that all three of its major airlines have filed for U.S. Chapter 11 bankruptcy protection during the last five years after Azul commenced a formal restructuring.
Airlines filing for bankruptcy has been a more common occurrence lately, especially in the years after the pandemic, when multiple international airlines filed for bankruptcy protection. Now, one ...
The Brazilian airline, started by a JetBlue founder, is the latest Latin American carrier to seek protection from creditors in chapter 11.