Recent Updates — AZUXQ

Azul S.A. reported second quarter 2026 results featuring a record operating revenue of R$4,978.7 million despite a 10.6% year-over-year reduction in capacity. EBITDA declined 55.4% to R$510.1 million as unit costs rose 26.0%, driven by a 61.8% increase in jet fuel prices and lower fixed-cost absorption from reduced flights. The company ended the quarter with R$3.7 billion in immediate liquidity and total debt of R$21.4 billion, down R$13.0 billion year-over-year following its financial restructuring. Azul also secured up to R$4.6 billion in long-term government-backed financing to support its transition period. The company operates as an airline providing passenger and cargo services across Brazil and internationally.