Azul Exits Chapter 11, Slashes $3B in Debt with US Carrier Support
Brazilian airline Azul has emerged from Chapter 11 bankruptcy, reducing its liabilities by $3 billion with new support from American and United Airlines.
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BUSINESS
2 aviation articles tagged “Brazil”
Brazilian airline Azul has emerged from Chapter 11 bankruptcy, reducing its liabilities by $3 billion with new support from American and United Airlines.
Brazilian airline Azul has formally exited Chapter 11 bankruptcy after a restructuring that cut $2.5 billion in debt and raised significant new capital.
