Brazil’s Azul commences IPO

Credit: Rob Finlayson
Azul Brazilian Airlines , the São Paulo-based carrier founded by JetBlue Airways founder David Neeleman in 2008, has commenced an initial public offering (IPO). Azul is offering a total of 72 million preferred shares priced between BRL19 and BRL23, or between $18.02 and $21.81, per share. It has...

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