Azul S.A., Brazil's largest airline by flight departures and destinations, has secured court approval for critical motions in its Chapter 11 proceedings, including a significant agreement with AerCap, its largest lessor. This agreement is projected to yield over US$1 billion in savings related to fleet operations. Additionally, the approval of the rejection of multiple leases and contracts is set to deliver further savings without affecting the airline's fleet, routes, or customer service capabilities. These developments are part of Azul's broader transformation plan aimed at creating a more agile organization, ensuring its strengthening and future growth. Azul remains committed to transparency and communication with all stakeholders throughout its restructuring process.