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Brazilian airline Azul's shares jump on debt deal with lessors

By Yahoo! Finance   |   Oct 8, 2024 at 10:35 AM EST
Brazilian airline Azul's shares jump on debt deal with lessors

Brazilian airline Azul's shares surged over 20% after announcing a debt deal with lessors, removing bankruptcy concerns. The deal involves settling obligations with a pre-determined equity stake, boosting investor confidence.

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