Azul Brazilian Airlines to Receive Record Investment of US$ 450 Million From HNA Group

HNA Group will hold a 23.7% economic stake in Azul

With this equity raise, Azul will have one of the strongest balance sheets in Latin America

SAO PAULO, Brazil, Nov. 24, 2015 (GLOBE NEWSWIRE) -- Countering the headwinds of the current Brazilian economic crisis, Azul Brazilian Airlines announces today an important milestone that positions it as an even stronger and more competitive airline. The Chinese international conglomerate HNA Group has selected Azul as its primary strategic investment in Latin America.

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