Azul Pursues $600M Financing Amid Imminent Bankruptcy

Azul, one of Brazil’s largest airlines, is reportedly in advanced negotiations with creditors to secure approximately $600 million in emergency financing. This strategic move is aimed at sustaining operations through a potential bankruptcy process, which could be initiated as early as next week. The airline, like many others in Latin America, has faced significant financial turbulence over recent years, compounded by pandemic-related disruptions, macroeconomic volatility, and intense market competition.