Major Airline Azul Files for Bankruptcy—And Announces Plans for the Future

Airlines filing for bankruptcy has been common lately, especially in the years of the pandemic, when multiple international airlines filed for bankruptcy protection.

Now, one major airline has filed for Chapter 11 bankruptcy protection in the United States.

Brazil's Azul has the "highest number of flights and cities served" in Brazil, according to the company, and serves "more than 150 destinations, representing almost double that of our main competitors and we are the only airline on approximately 81% of our routes...