Azul Announces Debt Exchange Offer Starting December 17, 2024, CEO Open to Merger Talks Amid Restructuring

Azul, the Brazilian airline, announced plans to exchange existing notes for new ones starting December 17, 2024, as part of its financial restructuring efforts. The details of the exchange offer have not yet been disclosed. Additionally, the CEO of Azul expressed openness to pursuing a merger with Gol or another airline if the opportunity arises. This announcement follows the airline's broader strategy to restructure its debt, which was reiterated in various reports throughout the day.