| Previous close | 7.38 |
| Open | 7.41 |
| Bid | 5.80 |
| Ask | 9.10 |
| Strike | 10.00 |
| Expiry date | 2024-11-15 |
| Day's range | 7.30 - 7.44 |
| Contract range | N/A |
| Volume | |
| Open interest | 182 |
BloombergAzul Rushes to Raise Cash to Seal Aircraft Lessor Deal and Slash Debt
(Bloomberg) -- Azul SA is rushing to raise cash as part of a deal it reached last week with its aircraft lessors, a key step in the Brazilian carrier’s attempt to again rework its debt.Most Read from BloombergDubai’s Allure to Expats Is Weighing on City’s InfrastructureHow Mexico City Averted All-Out DroughtThe Master Plan That Shaped Pakistan’s Capital Is No Longer WorkingAs Brussels Booms, an Old Boogeyman Returns: BrusselizationThe Cablebus Transformed Commutes in Mexico City’s Populous Outsk
ReutersAzul deal with lessors good news for planemaker Embraer, analysts say
A deal between Brazilian airline Azul and its lessors to swap more than $500 million in obligations for an equity stake is good news for planemaker Embraer, analysts say, as it reduces concerns about the debt load of a key customer. "A stronger Azul means a stronger Embraer," the carrier's chief executive, John Rodgerson, told Reuters on Tuesday after the deal with lessors was announced. Azul agreed to give them up to 100 million shares of the firm to eliminate obligations of around 3 billion reais ($541.16 million).
BloombergAzul Shares Jump After Deal With Lessors Slashes Debt
(Bloomberg) -- Azul’s shares jumped 16% in Sao Paulo trading after the Brazilian air carrier reached an agreement with its lessors and parts suppliers that helps cut its debt load.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsSingapore Ends 181 Years of Horse Racing to Make Way for HomesChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilShould Evictions Be Banned After Hurric
