Azul Narrows Opt-Out Releases In Bid To Beat US Trustee

By Alex Wittenberg · December 11, 2025, 5:39 PM EST

Brazilian airline Azul SA told a New York bankruptcy judge Thursday he should overrule an objection by the U.S. Trustee's Office to its proposed third-party releases and approve its bid to...

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Bankruptcy Scorecard

Summary

This Brazilian low-cost airline filed for Chapter 11 protection in New York with plans to slash $2 billion in debt and raise almost $1 billion in new capital.

Case Number

1:25-bk-11176

Judge

Sean H. Lane

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$3 billion

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Related Sections

Case Information

Case Title

Azul S.A., et al.

Case Number

1:25-bk-11176

Court

New York Southern

Nature of Suit

Date Filed

May 28, 2025

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