Azul Celebrates Successful Negotiations with Partners and Announces Strengthened Financial Position
Azul, Brazil's largest airline, has successfully completed negotiations with aircraft lessors and bondholders, securing significant financial agreements. The company has obtained commitments for US$ 500 million in new investments, with US$ 150 million to be funded immediately, US$ 250 million upon documentation completion, and US$ 100 million pending additional conditions.
The airline has renegotiated 98% of its obligations with lessors and OEMs, resulting in US$ 550 million in finalized agreements and potential debt reduction exceeding US$ 800 million. Azul expects a 15% capacity increase in Q4 2024, with eight new aircraft arriving by year-end. The airline will operate 43,300 flights during the Brazilian summer season, including 3,048 extra flights.
Azul, la maggiore compagnia aerea del Brasile, ha completato con successo le trattative con i locatori di aeromobili e i detentori di obbligazioni, assicurandosi accordi finanziari significativi. L'azienda ha ottenuto impegni per 500 milioni di dollari USA in nuovi investimenti, con 150 milioni di dollari da finanziare immediatamente, 250 milioni di dollari al termine della documentazione e 100 milioni di dollari soggetti a ulteriori condizioni.
La compagnia aerea ha rinegoziato il 98% delle sue obbligazioni con i locatori e i produttori di attrezzature originali (OEM), portando a 550 milioni di dollari USA in accordi finalizzati e a una potenziale riduzione del debito superiore a 800 milioni di dollari USA. Azul prevede un incremento della capacità del 15% nel quarto trimestre del 2024, con otto nuovi aeromobili in arrivo entro la fine dell'anno. La compagnia effettuerà 43.300 voli durante la stagione estiva brasiliana, inclusi 3.048 voli aggiuntivi.
Azul, la aerolínea más grande de Brasil, ha completado con éxito las negociaciones con los arrendadores de aeronaves y los tenedores de bonos, asegurando acuerdos financieros significativos. La compañía ha obtenido compromisos por 500 millones de dólares estadounidenses en nuevas inversiones, con 150 millones de dólares a financiarse de inmediato, 250 millones de dólares al completar la documentación y 100 millones de dólares pendientes de condiciones adicionales.
La aerolínea ha renegociado el 98% de sus obligaciones con arrendadores y OEMs, lo que resulta en 550 millones de dólares estadounidenses en acuerdos finalizados y una posible reducción de deuda que supera los 800 millones de dólares estadounidenses. Azul espera un aumento del 15% en capacidad en el cuarto trimestre de 2024, con la llegada de ocho nuevas aeronaves antes de fin de año. La aerolínea operará 43,300 vuelos durante la temporada de verano brasileña, incluidos 3,048 vuelos adicionales.
아줄, 브라질 최대 항공사는 항공기 임대인 및 채권자와의 협상을 성공적으로 완료하여 상당한 재정 계약을 확보했습니다. 회사는 새롭게 마련된 5억 달러의 투자 약정을 체결했으며, 그중 1억 5천만 달러는 즉시 자금 지원되며, 2억 5천만 달러는 문서 완공 시 지원되고, 1억 달러는 추가 조건에 따라 지원됩니다.
항공사는 임대인 및 OEM과의 의무를 98% 재협상하여 5억 5천만 달러의 최종 계약을 체결하였으며, 8억 달러 이상의 잠재적인 부채 감소를 기대하고 있습니다. 아줄은 2024년 4분기에 15% 용량 증가를 예상하며, 연말까지 8대의 새로운 항공기가 도착할 예정입니다. 항공사는 브라질 여름 시즌 동안 43,300편의 항공편을 운영하며, 이 중 3,048편은 추가 항공편입니다.
Azul, la plus grande compagnie aérienne du Brésil, a réussi à conclure des négociations avec les bailleurs d'avions et les détenteurs d'obligations, garantissant des accords financiers significatifs. L'entreprise a obtenu des engagements de 500 millions de dollars US pour de nouveaux investissements, dont 150 millions de dollars financés immédiatement, 250 millions de dollars à la fin de la documentation et 100 millions de dollars sous conditions supplémentaires.
La compagnie aérienne a renégocié 98 % de ses obligations avec les bailleurs et les OEM, aboutissant à 550 millions de dollars US d'accords finalisés et à une réduction de dette potentielle de plus de 800 millions de dollars US. Azul prévoit une augmentation de 15 % de la capacité au quatrième trimestre 2024, avec l'arrivée de huit nouveaux avions d'ici la fin de l'année. La compagnie opérera 43 300 vols pendant la saison estivale brésilienne, dont 3 048 vols supplémentaires.
Azul, die größte Fluggesellschaft Brasiliens, hat erfolgreich Verhandlungen mit Flugzeugvermietern und Anleihegläubigern abgeschlossen und bedeutende Finanzierungsvereinbarungen gesichert. Das Unternehmen hat Zusagen für 500 Millionen US-Dollar an neuen Investitionen erhalten, wobei 150 Millionen US-Dollar sofort finanziert werden, 250 Millionen US-Dollar nach Abschluss der Dokumentation bereitgestellt werden und 100 Millionen US-Dollar zusätzlichen Bedingungen unterliegen.
Die Fluggesellschaft hat 98% ihrer Verpflichtungen mit Vermietern und OEMs neu verhandelt, was zu 550 Millionen US-Dollar an finalisierten Vereinbarungen und einer potenziellen Schuldenreduzierung von über 800 Millionen US-Dollar führt. Azul erwartet eine Kapazitätssteigerung von 15% im vierten Quartal 2024, mit acht neuen Flugzeugen, die bis zum Jahresende eintreffen werden. Die Fluggesellschaft wird während der brasilianischen Sommersaison 43.300 Flüge durchführen, darunter 3.048 zusätzliche Flüge.
- None.
- None.
After being affected by several external factors, such as exchange rate fluctuations and challenges in the global aviation supply chain, Azul announces the completion of negotiations with aircraft lessors and the signing of a support agreement with its main creditors, establishing an enhanced financial position and unlocking further growth.
SÃO PAULO, Oct. 28, 2024 /PRNewswire/ -- Azul,
"This announcement reflects the relationship and trust our partners have placed in us for over 15 years, demonstrating confidence in our business model and our company's cash-generation capabilities. We are convinced we will continue our expansion trajectory into the future," said John Rodgerson, CEO of Azul.
Azul has renegotiated
"Azul has been one of the only airlines globally that did not receive direct government support in recent years, nor did it file for court protection to manage its debts. Instead, we opted for amicable negotiations that yielded beneficial results for all involved. Thanks to the trust and respect we have garnered in the market, we will continue to be one of the strongest and fastest-growing airlines worldwide," concluded the executive.
Azul, which will receive eight new aircraft by the end of this year, expects a
About Azul
Azul S.A. (B3: AZUL4, NYSE: AZUL), the largest airline in
View original content:https://www.prnewswire.com/news-releases/azul-celebrates-successful-negotiations-with-partners-and-announces-strengthened-financial-position-302288521.html
SOURCE Azul S.A.
FAQ
How much new investment has Azul (AZUL) secured in October 2024?
What percentage of obligations has Azul (AZUL) renegotiated with aircraft lessors?
How many extra flights will Azul (AZUL) operate during the 2024-2025 Brazilian summer season?
What is Azul's (AZUL) expected capacity increase for Q4 2024?
