Transportation

Brazilian Carrier Azul Will Turn Profit in 2026 After Bankruptcy

An Azul Airlines passenger aircraft takes off in Sao Paulo, Brazil.Photographer: Jonne Roriz/Bloomberg

Leia em português

Brazilian budget carrier Azul SA, now backed by United Airlines Holdings Inc. and American Airlines Group Inc., expects a bankruptcy-triggered reduction of debt and a slew of renegotiated aircraft leases to help it generate a profit the next two years.