Brazilian carrier Azul has concluded its restructuring by agreeing with bondholders, lessors and aircraft manufacturers to eliminate R$12.3 billion ($2.1 billion) in debt. “Faced with a challenging ...
Azul's investment thesis has shifted to survival due to macroeconomic challenges, climatic events, and operational setbacks, significantly impacting its financial health and stock performance. The ...
Credit: Victoria Moores Brazilian carrier Azul Airlines has layered artificial intelligence (AI) over its existing revenue management, network planning and maintenance systems, generating around $6 ...
Azul posted a R$3.87 billion ($703 million) loss for the second quarter of the year after the devaluation of the Brazilian Real to the dollar, as well as higher fuel costs, hit the company’s earnings.