(Bloomberg) -- Azul SA shares slumped to a record low Thursday as people familiar with that matter said the Brazilian airline is weighing options from an...
-- Azul SA shares slumped to a record low Thursday as people familiar with that matter said the Brazilian airline is weighing options from an equity offering to a Chapter 11 filing to address approaching debt obligations.A Loud Warning From the Past About Living With Cars
Shares in the airline plummeted as much as 26% in Sao Paulo on Thursday, with trading repeatedly halted. Azul’s shares plunged after it reported net losses of 3.87 billion reais in the second quarter and boosted its net debt. The company’s leverage level has climbed to more than four times its earnings before interest, taxes, depreciation and amortization, from three times previously, according to its latest published guidance.
The suspects in the foiled terror plot to attack Taylor Swift's Eras Tour concerts in Vienna intended to kill "tens of thousands" of people, the US's Central Intelligence Agency said.The suspects in the foiled terror plot to attack Taylor Swift's Eras Tour concerts in Vienna intended to kill "tens of thousands" of people, the US's Central Intelligence Agency said.
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