Brazil's Azul said to reach deal with unsecured creditors in bankruptcy proceeding

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Airbus A320 Azul Airlines prepare to departure from Rio de Janeiro, 22 May, 2022, Rio de Janeiro, Brazil.

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Bankrupt Brazilian airline Azul (OTC:AZULQ) has reached a settlement with unsecured creditors in its Chapter 11 process, Reuters reported on Saturday, citing a company statement.

According to Reuters, Azul (OTC:AZULQ) said the settlement represented a significant step in its

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