Business · Companies · 13 hrs ago
Azul secures up to R$2 billion to pay for aviation fuel
Azul secured financing of up to R$2 billion to pay for aviation fuel used on its regular domestic flights in Brazil.
The airline said the money is restricted to buying fuel for domestic operations.
The deal has credit risk coverage from Brazil’s federal government, arranged through the Brazilian Guarantee Agency using the Export Guarantee Fund.
Azul said the financing is part of its long-term plan and restructuring.
It also said the deal adds financial flexibility amid volatile fuel prices.
The company did not give a schedule for drawing or repaying the financing.
Azul secured financing of up to R$2 billion to pay for aviation fuel used in its regular domestic operations.
The financing has credit-risk coverage provided by the Brazilian government.
The Brazilian Guarantee Agency, ABGF, intermediated the operation using resources from the Export Guarantee Fund.
Azul said the financing is part of its restructuring plan and supports its liquidity amid fuel-price volatility.
- Who
- Azul. The operation was intermediated by ABGF, with credit-risk coverage from the Brazilian government.
- What
- Financing of up to R$2 billion to pay for aviation fuel.
- When
- The company disclosed the operation on October 24, 2026.
- Where
- For fuel used in Azul’s regular domestic operations in Brazil.
- Why
- To pay for aviation fuel and provide additional financial flexibility amid volatile fuel prices.
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This story does not have a timeline yet.
- Maximum financing
- R$2 billion
- Fuel use
- Regular domestic operations
- Credit-risk coverage
- Brazilian government
- Intermediary
- ABGF
- Funding source
- Export Guarantee Fund
2 sources
What people are saying
This financing is aligned with the Company's long-term strategy and was contemplated as part of its restructuring plan.
The operation further strengthens Azul's liquidity position and provides additional financial flexibility to operate in the current scenario of volatility in fuel prices.