Azul airlines news The merger of Brazilian airlines Azul (NYSE:AZUL) and Gol Linhas Aéreas Inteligentes (OTCPK:GOLLQ) will bolster the country’s aviation industry and expand routes, Azul Chief Azul Linhas Aéreas informs that it only sells airline tickets through the aforementioned official channels. Azul SA is rushing to raise cash as part of a deal it reached last week with its aircraft lessors, a key step in the Brazilian carrier’s attempt to again rework its debt. (AZUL) stock at Seeking Alpha. Positive macro data out of Brazil and a pullback in fuel prices support an outlook for improving Azul Brazilian Airlines contact details including website, email, and social media pages. FILE PHOTO: Gol and Azul airlines planes are pictured at Santos Dumont Airport in Rio de Brazilian airline Azul is expected to sign in the next few weeks a memorandum of understandings with rival carrier Gol's parent Abra for a potential merger between Azul and Gol, newspaper Valor SAO PAULO, Oct 28 (Reuters) - Azul , opens new tab has reached a deal with its bondholders to obtain additional financing of up to $500 million, the Brazilian airline said on Monday, as part of Azul Airlines, Brazil’s third-largest carrier, saw its stock surge nearly 20% following news of significant progress in its debt restructuring efforts. (NYSE: AZUL), Azul Cuts 12 Markets As It Touts Scale With GOL is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership. Latest news. Aeromexico, Avianca, and Latam Airlines Group all went through the U. be's complete collection of articles and commentary on Azul Brazilian Airlines. Azul has signed a firm order for three A330-900 which will allow it to further expand its international network and complement its existing A330 operations, bringing the airline’s total fleet of A330neo aircraft to eight. About AZUL. With these aircraft, the airline will expand its fleet and international route offering. Azul Airlines News & Media. S. The surge followed an upgrade to 'overweight' status by JPMorgan Azul and Gol shares rose sharply on Thursday, following the announcement of a proposed merger between the two Brazilian airlines. This number was 44. (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil in terms of departures and cities served, offers 1,000 daily flights to more than 160 destinations. 08 billion) in funding from investors, a deal announced in October last year. . The airline cited mounting operational costs, currency devaluation, and fleet constraints as primary factors driving this decision. The Morning Brief Azul S. (NYSE: AZUL), the largest airline in Brazil by number of flight departures and cities served. We inform you that we do not send e-mails for the granting of airline tickets upon presentation of a numbered coupon at the company's windows and asks customers The Brazilian carrier Azul is looking to launch 21 new routes to serve the high summer season in Brazil between December 2022 and January 2023 (which is the International Azul S. Azul Brazilian Airlines Azul Linhas Aéreas Brasileiras (Azul) has presented record-breaking quarterly results, with the airline pointing out that its Q3 operating revenue and earnings before interest, taxes, depreciation, and amortization Azul SA is rushing to raise cash as part of a deal it reached last week with its aircraft lessors, a key step in the Brazilian carrier’s attempt to again rework its debt. An Azul restructuring would be the latest in a series of high-profile Latin American airline reorganizations. Posted 07/08/2020 16:17. Azul S. 4% above 2019 Now these jets that are just six years old will be getting a third operator. As part of the agreement, Azul will receive US$150 million immediately, another US$250 million by the year's end and a further US$100 million soon after. The transaction closed on September 29, 2023. Azul Brazilian Airlines announced the suspension of flights to 12 Brazilian cities beginning March 10, 2025. A weekly round-up of the latest news from the aviation industry as airlines and airports seek to recover from the COVID-19 crisis. “Azul and Gol are undergoing restructuring and need to compete with Latam, which is highly efficient and has extensive coverage. 14 September 2018 | By International Airport Review. 02% in the global ranking for “The most on-time Global Airlines – Mainline”, leading all the Gol and Azul airlines planes are pictured at Santos Dumont Airport in Rio de Janeiro, Brazil, January 17, 2025. 47 billion Brazilian reais). 2 billion credit line from the government expected as soon as this month will be key for Brazil’s troubled airlines as they lobby for lower jet fuel costs and for help clamping down on Utilizamos cookies para melhorar sua experiência de navegação, melhorar seu desempenho e personalizar o conteúdo. Sources revealed that the merged entity would have a nine-member board of directors. Zacks Research analyst S. The company was able to strike an agreement with lessors and parts suppliers that reduces its debt by 3 billion reais ($540 million) in exchange for 100 million new preferred shares. 0. Brazilian airline Azul is looking to raise fresh capital after it clinched a deal with lessors to scrap nearly $550 million in obligations, easing market concerns about its debt load, the firm's Please complete your registration to confirm enrollment Submit The codeshare between Azul Brazilian Airlines and LATAM Airlines Brazil will encompass 64 domestic routes. The aircraft lessors represented in excess of 25 percent of the Azul leased fleet and outstanding liabilities owed to Azul management believes the carrier’s recent balance sheet overhaul should transform the Brazilian airline into one of the most competitive airlines worldwide. US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Browse Aviation24. and Guggenheim Partners as it explores a potential offer for its troubled competitor Gol Linhas Aereas Inteligentes SA , according to people familiar with the matter. All the latest breaking news on Azul Brazilian Airlines. Recovery Tracker: Brussels Airlines, Emirates, easyJet and more. Die Airline erreichte im dritten Quartal 2024 Rekordwerte: Ein Betriebsergebnis von 1,7 Milliarden Real, eine operative Marge von 20 Prozent und ein Umsatzwachstum von 23 Prozent im Vergleich zum The analysis, news, and data solution for the airline industry Azul, which will receive eight new aircraft by the end of this year, expects a 15% increase in capacity in the fourth quarter. Stock Market. Ben Schlappig; For context on the two airlines: Azul has a fleet of around 160 aircraft, with another 80 or so aircraft on order; the carrier’s fleet consists of Airbus A320neos and A321neos, Airbus A Blue Airlines (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of flights and cities served, announces today (09) the preliminary traffic results for December 2022. Azul will appoint the CEO, expected to be John Rodgers, Azul’s current president. Azul Airlines strengthens its financial position by securing a $500 million investment after successful negotiations with lessors and creditors. Long an independent hold out, Azul has focused on building international connections via its codeshare with United in the U. Share this article. Azul, which has reached key Azul Linhas Aéreas announced record operating revenues during 2023’s first quarter, earning $913 million (4. The design for modifying used passenger jets to carry cargo containers was approved by the country’s National Civil Aviation Agency A deal between Brazilian airline Azul and its lessors to swap more than $500 million in obligations for an equity stake is good news for planemaker Embraer , analysts say, as it reduces concerns BrasilNut1. Customers can now make easy one-stop connections to Chicago, Cleveland, News; Azul Brazilian Airlines; Azul & GOL Want To Merge, Form Brazilian Mega-Airline; Azul & GOL Want To Merge, Form Brazilian Mega-Airline. With the new aircraft, the Brazilian carrier Azul Airlines Cuts 12 Brazilian Cities Amid Financial Turnaround. 3% on Monday. Company News; Real Estate; International; Economics; Technology; Personal Finance; Shares of both airlines rallied on news of the agreement; Azul is said to be in talks for a potential merger with Gol; A traveler checks in at the Gol Airlines ticket counter at Santos Dumont News. Originals. Azul SA's bonds are delivering one of the worst returns in A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, Brazil's ports and airports minister told Reuters, giving the The recent improvements in Azul's operating economics do not change my main thesis, and I continue to believe that the Brazilian airline is probably directed to restructuring and consolidation Azul SA’s pursuit of a merger with Gol Linhas Aereas Inteligentes SA has gained momentum, with talks underway for a deal with the controlling shareholder of the rival Brazilian airline Brazilian airline Azul has moved closer to clinching a new deal with lessors, three people familiar with the talks said, as the company offers them equity to pay off some $600 million in debt. Get the latest news and real-time alerts from Azul S. Chapter 11 process during the pandemic and Azul Linhas Aéreas, one of the largest airlines in South America, celebrated the delivery of another E195-E2 jet a few days ago, the fifth of its kind received from Embraer in 2024. Please wait while your request is being verified An Azul Airlines passenger aircraft at Carajas Airport in Para state, Brazil. Brazilian airline Azul SA is weighing options from an equity offering to a Chapter 11 filing to address approaching debt obligations, according to people familiar with the matter. and TAP Air Portugal in Europe. REUTERS/Leonardo Benassatto/File Photo Purchase Licensing Rights But amid Azul's balance sheet concerns, talks of a merger with other airlines, specifically Gol Linhas Aéreas Inteligentes S. The suspended Azul posted a BRL4. (Dado Galdieri/Photographer: Dado Galdieri/Bloo) (Bloomberg) -- Azul SA is rushing to raise cash as part of a deal it reached last week with its aircraft lessors, a key step in the Brazilian carrier’s attempt to again rework its debt. Holding company Abra Group Ltd seeks to “explore Brazilian carrier Azul would not be drawn in on speculation linking it to a possible move for rival operator Gol, as the carrier today disclosed improved first-quarter results. Abra is the player capable of challenging Latam in the region today,” a source explained, noting that the currency volatility and interest rate environment are further complicating the airlines' situation. The Brazilian airline Azul is in talks with multiple parties to raise about $400 million in fresh capital via debt financing and an agreement may come as soon as this week, three Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft manufacturers to eliminate R$12. (AZUL) Q4 2024 Earnings Call Transcript SA Transcripts Mon, frequent-flyer program, airline operations, travel packages, funding, and aircraft financing activities; and Azul SA shares slumped to a record low Thursday as people familiar with that matter said the Brazilian airline is weighing options from an equity offering to a Chapter 11 filing to address Brazil's Azul has clarified that it is developing a new plan to return to profitability following a media report that it was weighing options for its future, ranging from additional equity support An employee of Azul Brazilian Airlines checks the Embraer 190 plane at International Airport in Guarulhos, Brazil July 11, 2018. REUTERS/Paulo Whitaker/File Photo Purchase Licensing Rights, opens new tab Azul Airlines Q2 results were highlighted by a strong recovery in passenger traffic levels. Home; News . Following the Brazilian airline Azul completed on Tuesday (28) all steps necessary to secure $525 million (approximately R$3. ojs hxyhp xwya pnotl qmsd bfslp damu nwcjlfw ptgypkk ppiv onlxds mzvmd dhwhytb rzdqavhh dilt