On May 28, 2025, Azul announced we have reached agreements with certain of our key financial and strategic stakeholders on a reorganization plan to strengthen the Company’s financial foundation and position the business for a more sustainable future. The financial restructuring process through which we will implement the plan is a commonly used legal tool in the United States that allows companies to operate and serve stakeholders as usual while they work in the background to address their financial structure.
Importantly, Customers, Crewmembers, and partners remain our priority. We are continuing to operate as normal throughout this process while maintaining our commitments to stakeholders, including continuing to fly and accept bookings as usual.
Through this process and the support of our stakeholders, we are confident we will emerge with greater financial flexibility, even stronger, more efficient, and better positioned to continue connecting Brazil while offering the best service and value to Customers.
Azul will continue to:
To Our Customers, Vendors, and Partners – Thank you for your continued support and partnership. The actions we are taking now will strengthen our business so we can be an even stronger partner for you.
The first stage in this process and what we announced on May 28, 2025. This initial step gives us access to the Court process that allows us to continue operating, restructure our balance sheet, implement the agreements with our international partners, and access the tools for a more coordinated and efficient path forward.
This hearing will focus on establishing the initial legal framework for our Chapter 11 process. The United States Court’s goal is to ensure that we can continue operating as usual through this process, and this is the moment where we will officially be allowed to do so.
We will continue to work with our investors and strategic partners to develop a “Plan of Reorganization” that outlines how the Company will emerge from Chapter 11. We are confident that this stage of the process will bring together our international partners to build a plan that will reinforce Azul’s financial health and drive operational success.
Once our plan has been developed, our lenders will vote on it, and, if we have effectively outlined a clear path forward for the future of Azul, approve the proposed plan to emergence from the process.
After the plan is confirmed by the appropriate parties, we will be ready to emerge with an optimized aircraft fleet and flight network, positioned to continue serving our valued Customers, Crewmembers, and partners at the highest levels.
Website: https://cases.stretto.com/Azul
E-mail: AzulInquiries@stretto.com
Toll Free (United States & Canada) #: (833) 888-8055
International #: +1 (949) 556-3896
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