Azul (AZUL) and its creditors are exploring options for the company, including a Chapter 11 bankruptcy filing, Reshmi Basu, Rachel Gamarski and Giovanna Bellotti Azevedo of Bloomberg report, citing people familiar with the matter. The discussions are active and nothing is final, sources told Bloomberg. Azul is prioritizing its customers and partners, and will continue operating no matter the outcome of the balance sheet discussions, one of the people said.
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