Investors might want to bet on AZUL (AZUL), as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most ...

Merger would create dominant carrier in Brazil's domestic market Azul and Gol sign nonbinding memorandum for merger Regulatory approvals needed, including from antitrust regulator CADE SAO PAULO, Jan ...

Azul's 2Q24 includes negative one-time events, including BRL depreciation and RGS floods, leading to pre-FX losses of BRL 800 million. Despite good operating and EBITDA margins, Azul's high debt costs ...

Azul expects to exit bankruptcy within the next few months.

Azul’s debt restructuring efforts failed to address liquidity issues despite capital raises and debt-for-equity swaps. A ~62% capital dilution left investors disappointed, increasing financial ...