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Event Brief

United and American to Invest in Brazil’s Azul Airline

United and American Airlines to acquire stakes in Azul as it exits bankruptcy through a debt-for-equity swap.
WHO: United Airlines, American Airlines, Azul Airlines
WHAT: Investment and debt-for-equity swap
WHEN: Dec 12, 2025 at 7:00 PM ET
WHERE: Brazil
WHY: To help Azul emerge from Chapter 11 bankruptcy
Sources (1): Financial Times

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