Azul prepares an offensive in the U.S. courts to buy LATAM

The restructuring process of the Chilean group LATAM in the U.S. could change the panorama of the Brazilian airline market. That’s because Azul will try to get a rival Judicial Reorganization plan approved, a move considered by experts as bold and unprecedented.

Thomas Felsberg spoke with O Globo on the topic and commented “LATAM must first present its recovery plan and only if it is not approved can the group’s creditors present an alternative plan”.

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