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Low-Cost Airlines Market Set to Expand at a Staggering 5.7% CAGR, Reaching $543.1 billion by 2034
31 Jan 2025 05:06 GMT
… Berhad, Alaska Air Group, Inc., Azul S.A., easyjet Plc, New … Southwest Airlines, JetBlue Airways, Spirit Airlines, Frontier Airlines, Wizz Air, Vueling Airlines, Pegasus Airlines, Indigo …
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Brazilian airline Azul S.A. downgraded to ‘SD’ following distressed debt exchange
30 Jan 2025 20:40 GMT
S&P Global Ratings took the ratings actions described above. On Jan. 28, 2025, the company announced the settlement of the exchange of 99.7% of its 2028 first priority senior secured notes, 98.02% of its 2029 senior secured notes, and 94.4% of its 2030 …
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Azul concludes restructuring with ‘extinction’ of $2.1bn debt
29 Jan 2025 19:39 GMT
… 2030.
Sao Paulo-based Azul entered a financial restructuring … further,” says John Rodgerson, Azul’s chief executive.
“In … Azul to explore a combination that would create Brazil’s largest airline … process between Abra and Azul to explore the feasibility …
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Azul’s Debt Restructuring Boosts Investor Confidence
29 Jan 2025 18:45 GMT
Azul, Brazil’s major airline, has successfully restructured … Notes, has substantially improved Azul’s financial health. The … challenging period for Azul.
In 2024, the airline faced headwinds … management in the volatile airline industry.
It demonstrates how …
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Brazil’s Azul reduces $1.6bn in debt as it concludes restructuring process
29 Jan 2025 03:23 GMT
SAO PAULO: Brazilian airline Azul said on Tuesday it has … from 4.8 times.
Brazil airline Azul hikes 2024 earnings forecast on … “We are very optimistic regarding Azul’s future,” Chief Executive John … a press statement, adding the airline expects to receive 15 new …
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Brazil's Azul reduces $1.6 billion in debt as it concludes restructuring process
28 Jan 2025 23:31 GMT
SAO PAULO (Reuters) -Brazilian airline Azul said on Tuesday it has … according to a securities filing. Azul said the process included the … ;We are very optimistic regarding Azul's future," … a press statement, adding the airline expects to receive 15 new …
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Brazil government supports Gol-Azul merger to strengthen airline sector
28 Jan 2025 11:52 GMT
… merger between Brazilian airlines Gol and Azul would strengthen the … market share of LATAM Airlines. That has raised … increase connectivity. Latin American airlines have struggled with high … he said. "As airlines strengthen, increase capacity, rework …
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Azul Airlines Suspends Flights to 12 Brazilian Cities Amid Financial Restructuring
25 Jan 2025 09:19 GMT
Azul Airlines, Brazil’s largest carrier by … in a challenging aviation landscape.
Azul Airlines Suspends Flights to 12 Brazilian … increase compared to 2019 levels.
Azul Airlines Suspends Flights to 12 Brazilian …
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Brazil’s GOL in investor talks with global airlines - report
27 Jan 2025 19:52 GMT
Air France-KLM, American Airlines, IAG International Airlines Group, Lufthansa Group, and … agreements with American Airlines and KLM Royal Dutch Airlines, while Azul codeshares with … Lufthansa Group declined, while United Airlines and IAG were not immediately …
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Brazilian airline merger would boost aviation sector, says Azul boss
26 Jan 2025 17:11 GMT
… .
The boss of Brazilian airline Azul has argued that its planned … period for Latin America’s airlines. They received little direct … from joint procurement.
Both airlines were given a boost this … cities not served by other airlines. Rodgerson said the merging …