The Clausura portion of the Liga MX season is already getting off to a fast start with Monterrey being the only team with a ...

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 ...

Cruz Azul and Flamengo are intensively preparing for their pivotal showdown in the Derby of the Americas at the FIFA ...

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 ...

With news emerging this week that United Airlines plans to increase its stake in Azul Linhas Aereas, fellow US carrier American Airlines is also closing in on a similar investment package with the ...

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 ...