Azul SA is a commercial airline that filed for Chapter 11 bankruptcy protection in May after months of attempting to restructure debt largely incurred during the pandemic. Its core business is providing passenger air travel services. To stabilize operations and improve its balance sheet, the company has signed an agreement for a $650 million capital commitment, which forms part of a broader planned capital increase. The infusion still requires approval from the U.S. bankruptcy court overseeing Azul’s reorganization. If approved, the funds will supply much-needed liquidity as the airline continues to negotiate with creditors and streamline its capital structure. No operating metrics such as revenue or passenger numbers were disclosed in the article. Future plans focus on completing the restructuring process and emerging from bankruptcy with a stronger financial foundation.

Total raised

$1.1B

Funding rounds

2

Latest round

Equity

Latest activity

Aug 2025