Regulatory database update points to potential transfer of seven widebody aircraft between rival carriers

Nine Embraer E195 jets and two Boeing 737-400F freighters will have their leases canceled by the Brazilian airline amid financial restructuring plans in Chapter 11

The Brazilian airline has two Airbus aircraft converted to transport up to 27 tons of cargo

Non-binding agreement proposes to merge the two carriers under a single corporation, but maintain their own identities and Air Operator Certificates

Brazilian carriers are close to announcing a memorandum of understanding that could lead to a future merger

Embraer jets and ATR turboprops were parked at an empty airport amid renegotiations with lessors. Company blames supply chain

Jet with registration PS-AEY was painted in the colors of the Brazilian flag. The carrier expected to have 13 more aircraft of the type in 2024

Carriers maintain a very broad code-share, but the Brazilian company's advance payment of a loan threatens the future of their relationship

The Brazilian carrier had already obtained new leasing conditions for most of its aircraft in early October. Shares rose on Monday

According to the Brazilian carrier, US$600 million in debt will be exchanged for 100 million preferred shares. Shares appreciated with lower risk of bankruptcy