Azul exits Chapter 11 after nine‑month restructuring, cuts about $2.5B of debt and lease obligations
Brazil’s Azul formally emerged from U.S. Chapter 11 on Feb. 20 after a nine‑month process, reducing debt and lease obligations by roughly $2.5 billion. With backing and commercial commitments from United and American, Azul says it will prioritise fleet efficiency, expand an ~800‑flight daily network and grow regional cargo.