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Azul shares slump as airline looks at options to rework debt

Carrier looking to merge with Gol Linhas Aereas Inteligentes

Bloomberg News by Bloomberg News
August 29, 2024
in Carriers
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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 approaching debt obligations. The troubled carrier is also actively working to get a merger with Gol Linhas Aereas Inteligentes SA over the […]

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Tags: ACNAzul Cargoazul linhas aereas brasileirasBankruptcychapter 11Premium
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