Event Brief
Azul Exits Bankruptcy, Founder Loses Control
Filed: Feb 24, 2026 at 3:06 PM ET
Summary: Brazil's third-largest airline emerges from Chapter 11, shedding $2.5B in debt.
WHO: David Neeleman
WHAT: Azul Airlines exits bankruptcy
WHEN: Feb 24, 2026 at 1:07 PM ET
WHERE: Brazil
WHY: To shed $2.5 billion in debt and lease obligations
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