Azul S.A. is a Brazilian airline company that, together with its subsidiaries, provides air transportation services for passengers, cargo, and mail both domestically and internationally. It offers a r... Azul S.A. is a Brazilian airline company that, together with its subsidiaries, provides air transportation services for passengers, cargo, and mail both domestically and internationally. It offers a range of additional services, including passenger charters, frequent-flyer programs, travel packages, aircraft financing, maintenance, hangarage, and leasing for aircraft, engines, and parts. As of December 31, 2023, Azul S.A. operated approximately 980 daily departures to 160 destinations via 400 non-stop routes, supported by a fleet of 181 owned aircraft and 185 under contract. The company maintains a unique shareholder structure where preferred shares, equivalent to 75 common shares for dividends, provide tag-along rights, with one ADR representing three preferred shares. Key stakeholders include David Neeleman as Chairman and entities like United Airlines. Headquartered in Barueri, Brazil, and founded in 2008, Azul S.A. filed for Chapter 11 reorganization on May 28, 2025, in the U.S. Bankruptcy Court for the Southern District of New York, reflecting its significant presence in the aviation sector amid operational challenges.
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