Azul announces exit from judicial recovery in the USA
Azul Linhas Aéreas Brasileiras has completed its Chapter 11 bankruptcy process in the United States, aiming to reorganize its debts and enhance its financial position.
Azul Linhas Aéreas Brasileiras announced that it has successfully exited its Chapter 11 bankruptcy proceedings in the United States, which began in May 2025. The airline's recovery process was initiated to restructure its debts, which at the time were around R$ 35 billion. As part of this process, Azul emphasized achieving comprehensive transformation in its balance sheet and operations, including improving liquidity and reducing lease expenses and liabilities.
In its announcement, Azul highlighted that it reached its key objectives during the recovery process, leading to a significant increase in its stock price by more than 60% after the news was released. The company’s shares ended the day valued at R$ 230.28 per million shares. This positive market reaction underscores investor confidence in Azul's enhanced financial health and operational effectiveness following its successful restructuring efforts.
As part of its recovery strategy, Azul secured an investment of R$ 550 million from a strategic partnership with United Airlines. Additionally, an agreement with American Airlines for a potential further investment of the same amount is pending approval. This financial support is crucial for the airline as it stabilizes its operations and prepares for future growth in the competitive airline industry.