Azul files for US bankruptcy protection
Brazil based airline Azul has formally filed for Chapter 11 bankruptcy protection in the US.
It issued a securities filing this week, aiming to restructure over $2 billion of debt.
There is a commitment of $1.6 billion in financing as well as up to $950 million in equity financing after exiting Chapter 11.
The airline says it has agreements with existing bondholders, lessor AerCap, and airline partners United Airlines and American Airlines to help support its restructuring.
The airline’s financial issues date back to the Covid era shutdown.
“We had too much debt on the balance sheet that principally came from Covid. We now have an opportunity to clean it all up,” said CEO, John Rodgerson.
Azul had been exploring a merger with Gol, and it is unclear how the bankruptcy filing will affect this.
Related News Stories: A Family-friendly Beach Resort in Dubai
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt