Brazilian airline Azul announced on Tuesday that it has successfully concluded a debt restructuring process. This process involved discussions with bondholders, suppliers, and plane lessors, as stated ...
Chapter 11 emergence due to high capital requirements and unattractive P/E ratio. See why we are neutral on LTM stock here.
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
DALLAS — The Brazilian government has expressed its support for the potential merger between Brazil’s two low-cost carriers (LCC), GOL Linhas Aéreas Inteligentes (G3) and Azul Linhas Aéreas ...
In the face of Latin American airline losses due to the current high cost of living, the government's financial intervention may boost the sector.
Packaged and fresh food supplier Sysco on Tuesday kept its full-year sales and profit forecasts unchanged despite beating ...
"It's a government priority to preserve the aviation sector and, above all, safeguard jobs and incomes," Silvio Costa Filho ...
Kazakhstan, one of the world's 10 biggest oil producers, stepped up pressure on international firms working in the country on ...
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