Azul’s 40% Plunge Exposes The Dilution Shock Behind Its Chapter 11 Plan

Azul’s shares cratered more than 40% on Friday after investors priced in what the airline’s court-supervised restructuring really means: an ownership reset so extreme that existing shareholders may end up with only a small slice of the rebuilt company. Key Points The drop reflects dilution risk from a debt-to-equity swap and a vast new share […]