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Azul SA
(OTC:AZULQ)
Azul SA (AZULQ) vs. SPDR S&P 500 ETF (SPY)
Azul SA Business Overview & Revenue Model
Azul SA Earnings Call Summary
Azul SA Financial Statement Overview
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Income Statement |
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| Gross Profit |
| EBITDA |
| Net Income |
Balance Sheet |
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| Cash, Cash Equivalents and Short-Term Investments |
| Total Debt |
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Azul SA Technical Analysis
Azul SA Risk Analysis
Azul SA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $753.82M | 14.17 | 9.99% | ― | 4.27% | 28.47% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | $879.46M | ― | -21.74% | ― | -6.55% | -133.03% | |
51 Neutral | $1.83B | ― | -19.09% | ― | -2.49% | 47.88% | |
50 Neutral | $1.33B | ― | -27.87% | ― | 1.77% | -1964.48% | |
41 Neutral | $198.62M | -0.15 | ― | ― | 3.75% | 43.92% | |
38 Underperform | $55.26M | -0.31 | -509.71% | ― | -15.06% | -119.79% |
Azul SA Corporate Events
On November 28, 2025, Azul S.A. reported its unaudited monthly financial results for October 2025 to the U.S. Bankruptcy Court as part of its ongoing Chapter 11 restructuring process. The report disclosed a total operating revenue of R$1,900.6 million and an adjusted EBITDA of R$716.4 million, highlighting the company’s efforts to maintain transparency and keep stakeholders informed during its financial restructuring.
Azul S.A. announced that its Board of Directors reviewed and approved the interim condensed individual and consolidated financial statements for the three and nine months ended September 30, 2025. The independent auditor’s report, conducted by Grant Thornton Auditores Independentes Ltda., confirmed the accuracy of these financial statements. However, the report highlighted a material uncertainty regarding Azul’s ability to continue as a going concern, due to its current liabilities significantly exceeding its assets and negative shareholders’ equity. The company had filed for judicial reorganization under Chapter 11 in the United States Bankruptcy Court earlier in May 2025, indicating significant financial challenges.
On November 14, 2025, Azul S.A. announced its third-quarter results for 2025, reporting an all-time record EBITDA of R$2.0 billion and a significant increase in operating revenue to over R$5.7 billion, driven by strong demand and strategic network changes. The company also achieved a milestone in its restructuring efforts by reaching a global settlement with its Unsecured Creditors Committee, which led to court approval of its revised Chapter 11 disclosure statement. This progress is expected to enhance Azul’s financial stability and strengthen its market position.
On November 4, 2025, Azul S.A. announced that the United States Bankruptcy Court for the Southern District of New York approved its disclosure statement, allowing the company to solicit votes on its Chapter 11 reorganization plan. Additionally, the court approved Azul’s Backstop Commitment Agreement, which secures $650 million to support the company’s planned capitalization. This development marks a significant step in Azul’s restructuring process, aiming to stabilize its financial position and ensure operational continuity. The company has committed to maintaining transparency with its stakeholders throughout the restructuring.
On November 1, 2025, Azul S.A. announced an agreement with the Official Committee of Unsecured Creditors and a group of secured noteholders as part of its Chapter 11 proceedings. This agreement is a crucial step in Azul’s restructuring plan, aiming to preserve operations and strengthen its capital structure. The plan includes options for unsecured creditors to receive either cash or interest in a trust, with additional financial commitments contingent on future performance. Azul has also filed a revised reorganization plan and disclosure statement with the U.S. Bankruptcy Court, aligning with agreements made in May 2025. This development is significant for Azul’s stakeholders as it seeks to achieve a consensual and orderly resolution to its financial challenges.
On October 30, 2025, Azul S.A. reported its unaudited financial results for September 2025 to the U.S. Bankruptcy Court as part of its Chapter 11 restructuring process. The report, which includes details on cash position, revenue, and profit and loss, is part of Azul’s efforts to maintain transparency with stakeholders during its restructuring. The company emphasized that these preliminary figures are not audited and are meant to comply with Chapter 11 requirements. Azul continues to engage with its stakeholders and will provide regular updates as it progresses through the restructuring.
On October 23, 2025, Azul S.A. announced an updated Business Plan as part of its Chapter 11 reorganization in the U.S., aiming to transform its financial future and enhance long-term success. The plan includes a network and capacity strategy, cost-saving initiatives, and anticipates reduced debt and lease liabilities, positioning Azul as a healthier airline post-restructuring. Negotiations with aircraft and engine manufacturers are ongoing, and preliminary financial data for the third quarter of 2025 was disclosed to keep the market informed.
On September 30, 2025, Azul S.A. reported its unaudited monthly financial information for August 2025 to the US Bankruptcy Court as part of its Chapter 11 process. The report, which includes details such as cash position, revenue, and profit and loss, is part of Azul’s efforts to keep the market informed during its restructuring. The company emphasized that these figures are preliminary and should not be directly compared to its regular financial statements. Azul aims to maintain transparency with stakeholders throughout the restructuring process.
On September 25, 2025, Azul S.A. announced the termination of discussions with Abra Group Limited, the controlling entity of Gol Linhas Aéreas Inteligentes S.A., regarding a potential business combination. This decision also includes ending a commercial cooperation agreement, or codeshare, initially disclosed in May 2024. Azul has committed to honoring all tickets issued under the terminated agreement and continues to focus on strengthening its capital structure. The termination of these discussions and agreements may impact Azul’s strategic positioning in the airline industry.
On September 17, 2025, Azul S.A. announced that it has filed a plan of reorganization with the United States Bankruptcy Court as part of its Chapter 11 proceedings. This filing is a significant step in the company’s financial and operational restructuring, aligning with agreements made with financial creditors and strategic partners. The company is committed to maintaining transparency with its stakeholders throughout the restructuring process.