AeroMorning   Feb. 23, 2026

Source: Azul S.A., SEC Form 6‑K
URL: https://www.sec.gov/Archives/edgar/data/1432364/000129281426000452/azul20260220_6k.htm

Azul Brazilian Airlines (Azul S.A.) has officially completed its financial restructuring under Chapter 11 of the United States Bankruptcy Code. According to the company’s SEC Form 6‑K filing dated February 20, 2026, Azul successfully emerged from Chapter 11 by implementing a comprehensive debt reduction plan.

The airline repaid its debtor-in-possession (DIP) financing, renegotiated leasing obligations, and completed a public offering of new shares to strengthen its balance sheet. These measures collectively reduced the company’s total debt by approximately $2.5 billion, providing Azul with a significantly improved financial structure and liquidity.

As a result, Azul is now positioned to operate more efficiently and expand services in both domestic and international markets. The airline maintains a sustainable capital structure that supports fleet operations and growth initiatives, enhancing investor confidence and financial stability.

This SEC filing ensures transparency to investors and stakeholders regarding the company’s successful emergence from bankruptcy and its reinforced financial position.