Brazilian Carrier Azul Will Turn Profit in 2026 After Bankruptcy
(Bloomberg) -- Brazilian budget carrier Azul SA, now backed by United Airlines Holdings Inc. and American Airlines Group Inc., expects a bankruptcy-triggered reduction of debt and a slew of renegotiated aircraft leases to help it generate a profit the next two years.The airline will refocus growth plans on the domestic market, though it will increase flights to the US to handle strong demand for World Cup soccer matches next summer, Chief Executive Officer John Rodgerson said in an interview. Azul will stil ...