Azul Airlines Seeks Bankruptcy Protection, Assures Normal Operations

Azul Airlines Files for Bankruptcy Protection in the US Brazilian airline Azul has filed for Chapter 11 bankruptcy protection in the United States. The move, announced on May 28, 2025, comes as the airline grapples with the lingering effects of the COVID-19 pandemic and ongoing supply chain disruptions. The company has secured the support of key strategic partners, including American and United Airlines, in its restructuring efforts. "This is a voluntary financial restructuring to optimize our capital structure," said John Rodgerson, Azul's CEO, in a statement. "We have been working diligently to address the challenges we have faced, and this process will allow us to strengthen our financial position and continue to serve our customers." Azul's bankruptcy filing involves over $2 billion in debt reduction. The airline emphasizes that its operations and customer loyalty programs will remain unaffected by the restructuring. This move follows similar actions taken by other Brazilian airlines, such as LATAM and GOL, who have also utilized Chapter 11 to manage their debt. The restructuring plan is expected to involve significant financial investments and debt reduction, ultimately leading to a stronger and more sustainable financial future for Azul Airlines.