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 ...
Chapter 11 emergence due to high capital requirements and unattractive P/E ratio. See why we are neutral on LTM stock here.
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
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.
A plane passenger has spoken out after a video of her went viral when a mom recorded her for refusing to give up her seat for a toddler ...
Azul and Gol merger to boost Brazilian aviation industry, add routes, and improve efficiencies, with potential impact on ...
A Brazillian flier who was publicly shamed for refusing to switch seats with a crying toddler is now considering suing the tot’s mom. Jeniffer Castro, 29, was on board a GOL Airlines domestic flight ...
A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government ...
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, ...