Azul SA To Canvas Market For $1.2B In Ch. 11 Exit Funding

By Alex Wittenberg · January 8, 2026, 2:15 PM EST

Brazilian airline Azul SA secured a New York bankruptcy judge's approval Thursday to hire investment banks to help search for alternatives to $1.2 billion in exit financing offered by its Chapter...

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Bankruptcy Scorecard

Summary

This Brazilian low-cost airline filed for Chapter 11 protection in New York with plans to slash $2 billion in debt and raise almost $1 billion in new capital.

Case Number

1:25-bk-11176

Judge

Sean H. Lane

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$3 billion

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Related Sections

Case Information

Case Title

Azul S.A., et al.

Case Number

1:25-bk-11176

Court

New York Southern

Nature of Suit

Date Filed

May 28, 2025

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