HOUSTON, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Azul Resources II, LLC (“Azul II”) today announced the closing of an equity commitment from an investment fund managed by Carnelian Energy Capital Management ...

Brazil’s Azul increased fourth quarter revenue and profit in 2023, as it tapped into new markets while keeping costs in check. Earnings before interest, tax, depreciation and amortization (EBITDA) at ...

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 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’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 ...

Company initiates pre-arranged restructuring process in the United States to effectuate agreements including approximately US$1.6 billion in debtor-in-possession financing. Agreements to secure exit ...

Azul, the only company 100% focused on Java, today announced that it has entered into a definitive agreement to receive a majority strategic investment from Thoma Bravo, a leading software investment ...

Azul and several shareholders raised 2.021 billion reals ($645 million) in a dual initial public offering in São Paulo and New York on Monday, as soaring investor demand led Brazil's No. 3 airline to ...