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Brazil's Azul approves capital increase with Neeleman investment

Reuters
Summary
Nutrition label

79% Informative

Brazilian airline Azul 's board of directors has approved a capital increase as part of an out-of-court restructuring.

The capital increase of up to 3.37 billion reais ( $591 million ) came through the issuance of new shares.

David Neeleman , a serial aviation entrepreneur who also founded U.S. airline JetBlue , is expected to lose control of the firm.

VR Score

89

Informative language

98

Neutral language

24

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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no sources

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