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Azul Airlines Reports Robust Revenue in June Amid U.S. Bankruptcy Restructuring
7 Articles
7 Articles
Azul Airlines Reports Robust Revenue in June Amid U.S. Bankruptcy Restructuring
Azul Airlines, one of Brazil’s largest carriers, reported a strong financial performance for June 2025, despite ongoing Chapter 11 bankruptcy proceedings in the United States. According to the company’s official operational report submitted to the U.S. Bankruptcy Court, Azul generated net revenues totaling R$ 1.64 billion ($293 million). Adjusted earnings before interest, taxes, depreciation, and […]
Azul S.A. (B3: AZUL4; OTC: AZULQ) (“Azul” or “Company”), Brazil’s largest airline by number of departures and destinations, announced this Thursday that it has received final approval from a U.S. court for its Chapter 11 petitions, including approval of a $1.6 billion DIP financing. None of Thursday’s approvals […] The post Azul: U.S. court approves $1.6 billion DIP financing appeared first on Monitor Mercantil.
The Brazilian airline Azul announced this Thursday that it obtained the approval of the Bankruptcy Court of the Southern District of New York, to obtain $1.6 billion as part of its financing DPI (English acronym of the Debtor in Possession modality).These resources, according to the company, will be used to boost the cash flow and, above all, to settle a priority debt in the company's capital structure.The company led by John Rodgerson had recei…
Brazil’s Azul seeks approval for $1.57bn financing
Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) has filed a request to the US Bankruptcy Court for the Southern District of New York, seeking approval for around USD1.57 billion financing as part of its Chapter 11 reorganisation. The financing structure comprises USD250 million already drawn under interim debtor-in-possession loans earlier in the process, USD1.1 billion in final loans, including funds to repay various pre-petition debts…
Azul Linhas Aéreas shares are trading sharply higher this Thursday (July 24, 2025), following the release of June's operating data. Around 11:30 a.m., shares were up 8.94%, trading at R$0.73. On Wednesday (July 23), the airline reported net revenue of R$1.64 billion in June 2025. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was R$420.4 million, with a margin of 25.6%. Registration form Free alerts from Poder3…
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