Brazilian carrier Azul has concluded its restructuring by agreeing with bondholders, lessors and aircraft manufacturers to eliminate R$12.3 billion ($2.1 billion) in debt. “Faced with a challenging ...

Bottles of Clase Azul on display in a gallery setting. Some are being used as vases - Dia Dipasupil/Getty Images The eye-catching, blue and white ceramic bottle containing Clase Azul Tequila Reposado ...

Brazil’s antitrust regulator has paused final approval of United’s $100M Azul investment, sending the deal to review and ...

Azul’s leadership team is “really confident” that its proposed business combination with Brazilian competitor Gol will deliver long-term growth. That is according to Azul president Abhi Shah, who ...

Azul's 2Q24 includes negative one-time events, including BRL depreciation and RGS floods, leading to pre-FX losses of BRL 800 million. Despite good operating and EBITDA margins, Azul's high debt costs ...

Azul’s debt restructuring efforts failed to address liquidity issues despite capital raises and debt-for-equity swaps. A ~62% capital dilution left investors disappointed, increasing financial ...

Arturo Lomeli is transforming his super premium tequila brand into Mexico’s first luxury house—including hotels and boutiques—while maintaining the brand’s independence. Inside his modern home in the ...

Company initiates pre-arranged restructuring process in the United States to effectuate agreements including approximately US$1.6 billion in debtor-in-possession financing. Agreements to secure exit ...

SAO PAULO, Oct 9 (Reuters) - A deal between Brazilian airline Azul (AZUL.N), opens new tab and its lessors to swap more than $500 million in obligations for an equity stake is good news for planemaker ...

Azul Airlines' stock experienced a severe market crash on Friday, with shares plummeting as much as 50% during intraday trading before settling at a 25% loss by mid-afternoon. The sell-off follows the ...