Article

Azul has successfully emerged from Chapter 11 bankruptcy following significant restructuring. The airline secured equity investments of USD100 million from both United Airlines and American Airlines. Brazil's Administrative Council for Economic Defense approved United's investment, which is set to be finalized on 20-Feb-2026. In addition, Azul raised USD1.4 billion through an exit financing offer and received further investments from existing creditors, facilitating its exit from the bankruptcy proceedings in early 2026.