Brazil's Azul reduces $1.6 billion in debt as it concludes restructuring process
SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial ...
Azul concludes negotiations worth over $2.4B with bondholders and OEMs
Azul (AZUL) announced this Tuesday the conclusion of the negotiation process with its bondholders, lessors and aircraft ...
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Azul CEO says merger with Gol will bolster Brazil's aviation industry: report
The merger of Brazilian airlines Azul (NYSE:AZUL) and Gol Linhas Aéreas Inteligentes (OTCPK:GOLLQ) will bolster the country’s aviation industry and expand routes, Azul Chief Executive John ...
Aviation Week12d
Abra And Azul Make The First Move To Build A Fortress In Brazil
Abra—which also controls Colombia’s flag carrier Avianca—and Azul concluded the two Brazilian airlines have 90% complimentary ...
Investing44m
Azul finalizes debt restructuring, reduces financial leverage
This month, Azul entered into an agreement to consider a merger with competitor airline Gol. The company stated that the restructuring measures have led to a reduction in its expected interest ...
Reuters7d
Azul-Gol airline merger could be a 'necessary evil' in bumpy Brazil market
LATAM declined to comment on the matter. Gol and Azul's flights at Brazil's biggest airports will likely be on the chopping block, Castellini said, adding LATAM could take over some of those ...
Bloomberg L.P.13d
Azul, Abra Open Talks to Merge as Brazil’s Biggest Airline
Azul, Abra Open Talks to Merge as Brazil’s Biggest Airline Deal would need approval from Brazil’s antitrust regulators Gol’s parent company Abra would be biggest shareholder ...
Azul and Abra sign non-binding MoU to combine businesses in BrAZIL
Azul (AZUL) and Abra, the majority investor of Gol and Avianca, have signed a non-binding Memorandum of Understanding, or MoU, with the intent ...
Business Recorder5h
Brazil’s Azul reduces $1.6bn in debt as it concludes restructuring process
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
MercoPress1d
Foreign travelers contribute significantly to Brazil's economy in 2024
Foreign travelers brought in US$7.341 billion in revenue to Brazil last year, the South American country's Central Bank (BCB) ...