Azul S.A. - Q1 2026 Financial Results

Azul S.A. reported its unaudited interim financial statements for the first quarter of 2026. The company completed its emergence from Chapter 11 reorganization on February 20, 2026, which involved a significant transformation of its capital structure, including debt-to-equity conversion and raising new funds. This process resulted in a substantial reduction in the loans and financing balance and accounts payable. The company also issued new senior debt notes totaling US$1.4 billion. In other developments, Azul announced a reverse stock split effective April 20, 2026, and a change in CFO and Investor Relations Officer, with Antonio Carlos Garcia appointed to these roles. The company recognized deferred tax assets amounting to R$7,515,404 following the Chapter 11 completion. Financial highlights for the quarter include total revenue of R$5,471,368 and a net profit of R$6,020,391. Basic and diluted earnings per common share were R$22.86.