Company Analysis

Azul S.A. (AZUL)

NYSE: AZUL · Air Transportation, Scheduled · Barueri, BR · filing with the SEC since 2008
Grade4.7
◀ Past 4.1● Present 5.5▶ Future 4.3
3 est.

Who owns Azul S.A.

As filed with the SEC
Holders of 5% or more
5
Readystate Asset Management, LP holds 10.7% of American Depositary Shares ("ADSs"), each representing two common shares, without par value, as its SCHEDULE 13G/A filed Aug 14, 2026 says.
Directors and officers
17
report now, of 17 people on the record since 2026. Their holdings as a group are not read here.
Institutions as a whole
n/a
The record does not read the share held by managers that file Form 13F, so none is printed and no split of the rest is estimated. What it holds is the 5 named at left.
Holders of 5% or moreshare of the class, as filed
Readystate Asset Management, LP
SCHEDULE 13G/A · filed Aug 14, 2026 · American Depositary Shares ("ADSs"), each representing two common shares, without par value · 9% in Feb 27, 2026
10.7%
United Airlines Holdings, Inc.
SCHEDULE 13D · filed Feb 27, 2026 · American Depositary Shares, each representing 500,000 common shares, no par value and common shares, no par value
8.7%
BlackBarn Capital Partners LP
SCHEDULE 13G · filed Feb 27, 2026 · Common Shares, without par value
8.4%
American Airlines Group Inc.
SCHEDULE 13D · filed Oct 26, 2026 · Common Shares, no par value
7.9%
Thomas A. Wagner III
SCHEDULE 13G · filed Apr 6, 2026 · Common Shares without par value; the CUSIP relates to American Depository Shares, each representing five hundred thousand Common Shares.
7.4%
VR Advisory Services Ltd
SCHEDULE 13G/A · filed Aug 14, 2026 · Common Shares with no par value · reported falling below 5%, from 5.3% in Feb 27, 2026
under 5%
Flow Traders U.S. LLC
SCHEDULE 13G/A · filed Mar 5, 2026 · Common Stock · reported falling below 5%, from 8.45% in Jan 30, 2026
under 5%
Neeleman David
SCHEDULE 13D/A · filed Feb 24, 2026 · Common Shares, Without Par Value; the CUSIP relates to American depository shares (as evidenced by ADRs), each representing 500,000 common shares · reported falling below 5%, from 5.9% in Apr 10, 2025
under 5%
Long Focus Capital Management, LLC
SCHEDULE 13G · filed Aug 14, 2025 · AMERICAN DEPOSITARY SHARES · reported falling below 5%
under 5%
What AZUL reports owning in othersstakes of 5% or more, and other ties

20 subsidiaries in 4 countries, from the list filed with the 20-F filed Apr 3, 2026.

Insider tradesForm 4
0sales
0purchases
0sales on a scheduled plan
0people selling
$0sold, in dollars
$0bought, in dollars
Open-market trades on Form 4 from Nov 12, 2025 to Nov 12, 2026. A scheduled plan is a selling program set in advance under SEC rule 10b5-1. The trades are listed as filed and do not feed the grade.
By calendar yearSoldBought
No open-market trade is on the record for these years.
Dollars as filed, summed by the transaction date.
People who traded in the window
No one on the roster filed an open-market trade in the window.
SI Assistanton AZUL · research, not advice