AZUL Nov 2024 12.500 call
| Previous close | 0.2000 |
| Open | N/A |
| Bid | 0.0500 |
| Ask | 1.2500 |
| Strike | 12.50 |
| Expiry date | 2024-11-15 |
| Day's range | 0.2000 - 0.2000 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
ZacksHere's Why Investors Should Give AZUL Stock a Miss Now
The surge in operating expenses does not bode well for AZUL. Weakness in liquidity is hurting the company's prospects.
BloombergAzul Shares Jump After Report on New Debt Deal With Lessors
(Bloomberg) -- Shares in Azul SA rallied the most since early 2023 following a report that the Brazilian air carrier is nearing a deal with lessors that would entail a debt-for-equity swap.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverA City Finds Success Using 'Trees as Medicine'The Hague Is World’s First City to Ban Oil and Air Travel A
ReutersBrazil's Azul close to new debt deal with lessors, sources say
Brazilian airline Azul has moved closer to clinching a new deal with lessors, three people familiar with the talks said, as the company offers them equity to pay off some $600 million in debt. "There is momentum building towards a successful conclusion of the out-of-court restructuring," one of the sources said, adding that Azul and lessors met in New York in recent weeks. The carrier told Reuters last month that Azul was not considering Chapter 11 and would offer lessors an equity stake to settle obligations that had been scheduled for payment over three years.
