Brazil’s antitrust regulator, CADE, cleared American Airlines’ $100 million investment in Azul on July 31, unconditionally. American will acquire an 8.66% equity stake, a board seat, and a seat on Azul’s strategic committee. Unless challenged within 15 days of publication…
Lithuanian Avion Express has initiated a strategic redelivery of 15 aircraft in the European market, a move that signals a broader structural realignment within the ACMI (Aircraft, Crew, Maintenance, and Insurance) sector. This decision comes as European carriers transition from…
The U.S. justice granted final authorization to the Azul restructuring plan under Chapter 11 , allowing a reduction in debt and leasing obligations exceeding $2.6 billion. This judicial green light enables a capital raise of $950 million in fresh funds,…
The agreement announced by LATAM Airlines Group for the acquisition of up to 74 Embraer E195-E2 aircraft is not a simple fleet renewal. It is a calculated strategic pivot, a move that transcends corporate logic to enter the realm of…
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Brazilian carrier Azul Linhas Aéreas has taken a critical step in its financial restructuring process by obtaining final, unopposed approval from the U.S. Bankruptcy Court for the Southern District of New York for its Debtor-in-Possession (DIP) financing totaling USD 1.6…