Azul Bankruptcy Caps Tumultuous Time For Brazilian Airlines

Lori Ranson June 05, 2025
Azul aircraft on runway

Azul worked to avoid Chapter 11 for years, but balance sheet headwinds were too strong to overcome.

Credit: Trevisan Aviation Images/Alamy Stock Photo
Azul’s recent entry into Chapter 11 restructuring marked an unpleasant milestone for Brazil’s aviation sector: All three of the country’s major airlines have sought creditor protection in the past five years. The development shows the paradoxical state of Latin America’s largest aviation market. In...
Lori Ranson

Lori covers North American and Latin airlines for Aviation Week and is also a Senior Analyst for CAPA - Centre for Aviation.

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