Financing ·
Azul S.A. emerged from Chapter 11 bankruptcy reorganization on February 20, 2026, transforming its capital structure…
AZULAzul SA
Azul S.A. emerged from Chapter 11 bankruptcy reorganization on February 20, 2026, transforming its capital structure through debt-to-equity conversions, a R$5.0 billion equity rights offering, and the issuance of US$1.375 billion in senior secured notes due 2031. Total loans and financing decreased from R$23,059.6 million to R$9,713.4 million as of March 31, 2026. The company reported a net profit of R$6,020.4 million for the first quarter of 2026, significantly increased from R$1,653.6 million in the prior year, driven by restructuring-related gains and restructuring-related costs. Azul S.A. is a Brazilian airline providing passenger and cargo transportation services.