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 ...

Forbes contributors publish independent expert analyses and insights. Emily writes about what’s in your glass and why it matters. This article is more than 5 years old. Clase Azul Spirits unveiled a ...

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 ...

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 ...

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 ...

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, Sept 13 (Reuters) - Brazilian airline Azul (AZUL.N), opens new tab has moved closer to clinching a new deal with lessors, three people familiar with the talks said, as the company offers ...

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 ...