Brazil’s Azul increased fourth quarter revenue and profit in 2023, as it tapped into new markets while keeping costs in check. Earnings before interest, tax, depreciation and amortization (EBITDA) at ...
Survey of over 2,000 Java professionals also reveals: 92% are concerned about Oracle Java pricing and 81% are migrating all or some of their Oracle Java to OpenJDK as cost concerns mountSUNNYVALE, ...
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 ...
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 ...
International tourists now have a new way to explore Brazil, thanks to the launch of the Azul Brazil Air Pass by Brazilian ...
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 ...
Investors might want to bet on AZUL (AZUL), as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most ...
Azul, the only company 100% focused on Java, today announced that it has entered into a definitive agreement to receive a majority strategic investment from Thoma Bravo, a leading software investment ...
For enterprises still running large portions of their business on Java, modernisation has become less about rewriting code and more about making decades-old systems work reliably in cloud-first ...
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