Azul secures more than R$2 billion in financing from Brazilian Development Bank

AZUL SA (AZUL) furnished an SEC Form 6-K — earnings release. Yes ¨ No x Second Quarter Results 2026 Azul Reports 2Q26 Results, Maintaining Capacity Discipline and Positioning for Long-Term Value Creation São Paulo, August 13, 2026 – Azul S.A., “Azul” (B3:AZUL3, NYSE:AZUL), the largest airline in Brazil by number of cities served, announces

CADE’s Office of the General Superintendent approved American Airlines’ plan to buy about 8% of Azul S.A.’s equity as part of Azul’s restructuring. CADE said the deal poses no consumer or competition risks on Brazil-US passenger and cargo routes, found competition remains from other airlines, and cleared it unconditionally. The ruling is final unless the Tribunal reviews or Abra appeals within 15 days.

Brazil’s CADE approved American Airlines’ planned $100M investment in Azul without conditions. American will buy an 8.66% equity stake, with rights to appoint one Azul board member and a strategic committee representative. CADE said expanded codesharing and loyalty benefits are unlikely to harm competition despite some route overlap, and it rejected concerns from Abra Group.

Brazil · Business BNDES airline credit totaling R$8 billion (~US$1.48 billion) was announced on July 30, 2026, by Brazil’s national development bank to keep the country’s largest carriers airborne through a period of elevated jet-fuel prices. What the BNDES Airline Credit Covers The Brazilian Development Bank, known as BNDES, structured the facility as a working-capital credit line. It is designed to inject immediate liquidity into airlines facing a cash squeeze.

Argentina hosts its first Chinese auto show as Chinese brands gain market share, accounting for 10% of August sales. BYD 002594.SZ is now the ninth best-selling brand. Over 20 Chinese brands, including Geely 0175.HK and Chery 9973.HK, were displayed. Toyota 7203.T plans a $1.34B EV plant. Tesla may enter Argentina. Car sales fell 13% YoY due to market adjustment and high interest rates.

Stocks rose Friday after a softer-than-expected jobs report, with the Nasdaq up 0.45% for the week, led by AI-related stocks. Micron reported strong earnings and guidance, while Nvidia authorized a $150B buyback. The Dow and S&P 500 fell 1.26% and 0.3% respectively.