On February 6, 2017, the Brazilian airline AZUL filed, before the Securities and Exchange Commission – SEC of New York and before the Securities and Exchange Commission – CVM of São Paulo, applications for registration as a publicly-held company and requests to conduct an Initial Public Offering (“IPO”) of shares.
Given the favorable market conditions and the approval of the IPO applications by the SEC and the CVM, AZUL went public on April 11, 2017, when it was injected with an investment of about 2 billion Reais.