Brazilian Carrier Completes Restructuring and Secures New Funding

Azul S.A. has completed its court-supervised restructuring and emerged from Chapter 11 bankruptcy protection, having reduced its debt and lease obligations by approximately $2.5 billion and secured $850 million in new equity investment. The Brazilian carrier maintained operational performance throughout the process, with 85.1% on-time performance and roughly 800 flights per day. Azul’s restructuring received support from financial stakeholders, including existing bondholders and strategic partners. The airline will focus on disciplined growth and strengthening its position in the Brazilian domestic market. This development was first reported by AeroTime.