Azul shareholders reject share unification proposal in early voting

Azul shareholders overwhelmingly rejected a proposal to unify the company's share structure in early voting. The early vote saw a strong majority of preferred and ordinary shareholders oppose converting preferred shares into ordinary shares, a key part of Azul's financial restructuring under Chapter 11. Final decisions will be made at Monday's assemblies, where a significant number of votes are still to be counted, potentially altering the outcome.