Azul's Opt-Out Releases Will Be Approved, Judge Signals

By Alex Wittenberg · December 12, 2025, 1:28 PM EST

A New York bankruptcy judge said Friday he would toss an objection the U.S. Trustee's Office had raised against Brazilian airline Azul's third-party releases, clearing a key hurdle to confirmation of...

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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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