Azul Struggles With Debt Sale After Striking Lessor Deal

By Yahoo! Finance | Oct 21, 2024 at 04:11 PM EST

Azul SA is struggling to secure $400 million in fresh debt to meet a key condition with aircraft lessors. The Brazilian airline faces financial challenges due to high debt, volatile fuel costs, and exchange rate fluctuations. Negotiations with bondholders for financing are underway.

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