SAO PAULO, April 6 (Reuters) - Brazilian airline Azul said on Monday that Chief Financial Officer Alex Malfitani will step ...
Brazilian carrier Azul has concluded its restructuring by agreeing with bondholders, lessors and aircraft manufacturers to eliminate R$12.3 billion ($2.1 billion) in debt. “Faced with a challenging ...
Embraer CFO Antonio Carlos Garcia has stepped down and is now set to join Brazilian carrier Azul as its top financial executive.
The Company concluded its restructuring process initiated in 2024 to solidify its financial position, eliminating US$ 2.1 billion in debt and financial obligations and receiving US$ 525 million in new ...
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 plans to emerge with a more sustainable business model and capital structure. The airline has discontinued its 2025 financial guidance due to the Chapter 11 filing. Azul has committed to keeping ...
Brazilian carrier Azul has emerged from a nine-month financial restructuring under the US Chapter 11 bankruptcy process with a leaner balance sheet and reworked relationships with key lessors and OEMs ...
Azul is now the second-largest carrier in Brazil. The pandemic did little to deter its growth, but the airline must find a solution for its increasing debt levels. Could a merger fix this? Since its ...