Azul secures US$500 million in new financing
Brazilian airline Azul Linhas Aereas has finalised negotiations with its aircraft lessors and creditors, securing up to US$500 million in new financing from bondholders. As part of the agreement, Azul will receive US$150 million immediately, another US$250 million by the year’s end and a further US$100 million soon after. Additionally, cost reductions negotiated with certain […]
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