Azul (AZUL) News Today

Azul S.A. (AZUL) saw its stock price decrease today after a series of restructuring announcements and a surge in bearish sentiment.

• Secured approximately US$1.6 billion in debtor-in-possession financing and lined up up to US$950 million in equity commitments as part of a prearranged Chapter 11 process.
• Reached agreements on financial reorganization with key stakeholders—including its lenders, largest lessor, United Airlines, and American Airlines—providing a clear path to emergence.
• Trading was temporarily halted early in the session due to regulatory concerns, then resumed once clarified.
• Filed for Chapter 11 bankruptcy protection in the U.S. to restructure high pandemic-era debt, prompting an initial ~40% drop in share price.
• Short interest jumped 32% in May to 20.9 million shares (5.0% of float) with a 3.7-day ratio, indicating elevated bearish positioning.

Investors will be watching the restructuring timeline and the company’s ability to emerge with a stronger balance sheet.