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Azul Announces High Participation in Notes Exchange Offers

Azul (Brazil), along with its subsidiary Azul Secured Finance, has announced the early participation results for its previously disclosed notes exchange offers. The exchange offers yielded high participation rates, with 99.6% of the outstanding principal amount of the 11.930% Senior Secured First Out Notes due 2028 tendered. Additionally, 97.8%of the 11.500% Senior Secured Second Out Notes due 2029 and 94.4% of the 10.875% Senior Secured Second Out…

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euroAtlantic Airways Partners with Azul for Lisbon-Sao Paulo Route

euroAtlantic Airways, a Portuguese charter and ACMI operator, has announced a new partnership with Azul Brazilian Airlines to provide direct flights between Sao Paulo Viracopos Airport and Lisbon. The agreement will commence on December 19, 2024, with one aircraft already in operation and the possibility of adding more in 2025 to meet rising demand.

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Azul Secured Finance Launches Note Exchange Offers

Azul Secured Finance, a subsidiary of Azul (Brazil), has announced the commencement of exchange offers for Eligible Holders of its outstanding 11.500% Senior Secured Second Out Notes due 2029 and 10.875% Senior Secured Second Out Notes due 2030. These notes are to be exchanged for newly issued notes of the same respective terms and maturities. The initiative aims to provide greater flexibility…

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Azul Secures $500 Million in Financing Through Superpriority Notes

Azul (Brazil) has unveiled additional details regarding its financial transactions, highlighting agreements to raise up to $500 million through the issuance of superpriority notes. This funding initiative is part of Azul’s strategy to strengthen its financial position and support its ongoing operations.

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Azul Plans Expanded Fleet Growth with A330-900s and E2 Deliveries in 2025

Azul, the Brazilian airline, has updated its fleet expansion plans for 2025, which include the delivery of additional A330-900 aircraft directly from its orderbook in December 2025. The carrier also expects 12-15 Embraer E2 jets to arrive throughout the year, though some of these deliveries may slip into early 2026. Overall, Azul projects a 10% increase in capacity in 2025, signaling a significant step…