Brazil’s Administrative Council for Economic Defense has approved United Airlines’ plan to increase its minority stake in Azul Linhas Aéreas, clearing the way for a roughly $100 million investment tied to the airline’s ongoing Chapter 11 restructuring. The decision removes a key regulatory hurdle and provides further clarity on Azul’s post-restructuring ownership structure. According to filings and company statements, United will raise its economic interest in Azul from about 2% to nearly 8% through the purchase of newly issued shares. As part of its Chapter 11 process, Azul plans to use the proceeds to reduce debt and strengthen short-term liquidity. The airline has continued normal flight operations throughout the restructuring while seeking to address financial pressure from dollar-denominated lease obligations, fuel costs, and currency volatility.