On March 13, 2026, Azul S.A. reported its unaudited financial results for January 2026, showing total revenue of R$2,111.1 million and an operating income of R$582.8 million as part of its Chapter 11 process, which concluded on February 20, 2026. The filing indicates that Azul's adjusted EBITDA was R$796.3 million with a margin of 37.7%.