Story perspectives
Azul Airline Secures $2B Debt Restructuring, Eyes February Exit
12/13/2025
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Story summary
- A U.S. bankruptcy judge approved Azul's debt restructuring plan, enabling Brazilian airline Azul to reduce $2 billion in debt.
- The plan, confirmed in White Plains, New York, creates a new equity rights offering.
- American Airlines and United Airlines invest up to $300 million in Azul's equity.
- Azul filed for Chapter 11 bankruptcy in May to bolster resilience.
- CEO John Rodgerson expects Azul to exit bankruptcy in February with improved finances.
