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Azul (AZLUD) founder-CFO to exit; seasoned finance chief named

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Form Type
6-K

Rhea-AI Filing Summary

Azul S.A., the largest airline in Brazil by cities served, announced a management transition. Company founder Alexandre Wagner Malfitani resigned as Chief Financial Officer and Investor Relations Officer, effective April 20, 2026.

The Board plans to appoint Antonio Carlos Garcia as Vice-President, Chief Financial Officer and Investor Relations Officer, effective the same date, subject to Board approval. Garcia previously held senior finance and investor relations roles at Embraer and served as global CFO of a ThyssenKrupp business unit. Malfitani and Garcia will run a transition process starting April 20.

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Insights

Azul announces a founder-CFO exit with an experienced external successor.

Azul is moving from a founder-led financial leadership model as Alexandre Malfitani resigns as CFO and Investor Relations Officer effective April 20, 2026. He has been a key architect of the company’s financial and strategic foundation.

The company intends to appoint Antonio Carlos Garcia, who brings prior Executive Vice President of Finance and Investor Relations experience at Embraer and global CFO experience at ThyssenKrupp. This background suggests familiarity with aviation and complex industrial finance without indicating any change in strategy.

A structured transition period beginning April 20, 2026 between Malfitani and Garcia is designed to support continuity. Future disclosures in company communications may clarify how Garcia’s leadership influences Azul’s capital structure, investor communication style, and financial priorities.

Resignation effective date April 20, 2026 Effective date of Alexandre Malfitani’s resignation as CFO and IRO
Daily flights approximately 800 daily flights Company operational scale as described in the profile section
Destinations served over 137 destinations Number of destinations served by Azul in its network
Operating fleet size over 180 aircraft Size of Azul’s operating fleet as described
Crewmembers more than 14,000 Crewmembers Number of Azul employees referenced in the company description
Chief Financial Officer financial
"resignation of Mr. Alexandre Wagner Malfitani ... from his positions as Chief Financial Officer (CFO)"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
Investor Relations Officer financial
"from his positions as Chief Financial Officer (CFO) and Investor Relations Officer (IRO)"
Vice-President, Chief Financial Officer (CFO) and Investor Relations Officer (IRO) financial
"Mr. Antonio Carlos Garcia ... will be appointed as Vice-President, Chief Financial Officer (CFO) and Investor Relations Officer (IRO)"
Executive Vice President of Finance and Investor Relations financial
"he served as Executive Vice President of Finance and Investor Relations"
Management Transition financial
"Azul Announces Management Transition Resignation and Appointment of New Chief Financial and Investor Relations Officer"
Form 6-K: How Foreign Companies Report to the SEC →

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026

Commission File Number: 001-38049

 

Azul S.A.

(Name of Registrant)

 

Edifício Jatobá, 8th floor, Castelo Branco Office Park

Avenida Marcos Penteado de Ulhôa Rodrigues, 939

Tamboré, Barueri, São Paulo, SP 06460-040, Brazil.

+55 (11) 4831 2880

 (Address of Principal Executive Office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x                       Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ¨                     No x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ¨                     No x

 

 
 

Material Fact

April | 2026

 

 

 

Azul Announces Management Transition

Resignation and Appointment of New Chief Financial and Investor Relations Officer

 

São Paulo, April 6, 2026 - Azul S.A., “Azul”, (B3: AZUL53; OTC: AZLUY), the largest airline in Brazil by number of cities served, hereby informs its shareholders and the market in general that the Company's Board of Directors has been informed of the resignation of Mr. Alexandre Wagner Malfitani (“Alex Malfitani”) from his positions as Chief Financial Officer (CFO) and Investor Relations Officer (IRO) of the Company. His resignation is effective on April 20th, 2026.

 

“Alex Malfitani is one of Azul’s founders and has been truly instrumental in shaping the company we are today. He played a pivotal role in building our financial and strategic foundation and was behind several of our most meaningful initiatives. We are profoundly grateful to Alex for his exceptional leadership, his unwavering dedication, and the many lasting contributions he has made throughout Azul’s history. His legacy is deeply woven into Azul’s culture and will continue to guide who we are,” says John Rodgerson, Azul’s CEO.

 

With the resignation of Alex Malfitani, the Company announces that Mr. Antonio Carlos Garcia ("Antonio Garcia") will be appointed as Vice-President, Chief Financial Officer (CFO) and Investor Relations Officer (IRO), effective April 20th, 2026, subject to the approval of the Company’s Board of Directors.

 

Antonio Garcia worked for more than six years at Embraer, where he served as Executive Vice President of Finance and Investor Relations. Previously, he built a solid global career at ThyssenKrupp, working in Germany as the global CFO of the Forged Technologies business unit. He also held notable positions at the ZF Group in Brazil and at Siemens Group, where he worked across various business segments. Antônio Garcia brings with him outstanding analytical and executive expertise. He holds a degree in Accounting from Faculdades Integradas Campos Salles (class of 1989) and an MBA in Business Administration from the Pontifical Catholic University of São Paulo (PUC-SP, class of 1999). In addition, he completed ThyssenKrupp’s Executive Program at Harvard Business School.

 

“We are extremely excited to welcome Antônio Garcia to Azul, especially as we enter this new chapter following our successful restructuring of Azul. His experience at Embraer, one of our most important partners, gives him unique insight into our business. Antônio will bring additional strength to our leadership team and play a key role in helping us navigate and accelerate the next phase of the new Azul,” says John Rodgerson, Azul’s CEO.

 

Antônio Garcia and Alex Malfitani will begin a transition period starting on April 20th.

 

Azul will maintain its shareholders and the market informed of any new information on the matters presented in the Material Fact.

 

About Azul

Azul S.A. (B3: AZUL53; OTC: AZLUY), the largest airline in Brazil by departures and cities served, offers approximately 800 daily flights to over 137 destinations. With an operating fleet of over 180 aircraft and more than 14,000 Crewmembers, the Company has a network of 250 non-stop routes. In 2020, Azul was awarded best airline in the world by TripAdvisor, first time a Brazilian Flag Carrier earns number one ranking in the Traveler’s Choice Awards. For more information, visit https://ri.voeazul.com.br.



Contact:

Investor Relations

Tel: +55 11 4831 2880
invest@voeazul.com.br

Media Relations
Tel: +55 11 98196-1035
imprensa@voeazul.com.br

 

1 
 

 

SIGNATURES

 

                Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date:    April 6, 2026

 

                                                                                                                Azul S.A.

 

                                                                                                                By:   /s/ Alexandre Wagner Malfitani                                 
                                                                                                                Name: Alexandre Wagner Malfitani
                                                                                                                Title: Chief Financial Officer

 

Source: View Original Filing on SEC EDGAR

FAQ

What leadership change did Azul (AZLUD) announce in this update?

Azul announced that founder Alexandre Wagner Malfitani will resign as Chief Financial Officer and Investor Relations Officer effective April 20, 2026. The company plans to appoint Antonio Carlos Garcia as Vice-President, CFO and Investor Relations Officer, pending Board approval, with a transition starting the same day.

When does Alexandre Malfitani’s resignation from Azul become effective?

Alexandre Wagner Malfitani’s resignation as Chief Financial Officer and Investor Relations Officer becomes effective on April 20, 2026. On that date, he will begin a transition period alongside his designated successor, supporting continuity in Azul’s financial management and investor relations activities during the leadership change.

Who is Azul planning to appoint as its new CFO and Investor Relations Officer?

Azul plans to appoint Antonio Carlos Garcia as Vice-President, Chief Financial Officer and Investor Relations Officer, effective April 20, 2026, subject to Board approval. Garcia previously served as Executive Vice President of Finance and Investor Relations at Embraer and held senior finance roles at ThyssenKrupp, ZF Group and Siemens.

What is Antonio Garcia’s professional background before joining Azul (AZLUD)?

Before Azul, Antonio Garcia worked more than six years at Embraer as Executive Vice President of Finance and Investor Relations. He also served as global CFO of ThyssenKrupp’s Forged Technologies unit and held finance roles at ZF Group and Siemens, building broad industrial and aviation-linked experience.

Will there be a transition period between Azul’s outgoing and incoming CFOs?

Yes. Azul states that Antonio Garcia and Alexandre Malfitani will begin a transition period starting on April 20, 2026. This overlap is intended to hand over financial and investor relations responsibilities smoothly and maintain stability in Azul’s leadership and external communications with shareholders and the market.

How does Azul describe the significance of Alexandre Malfitani’s role at the company?

Azul describes Alexandre Malfitani as one of the company’s founders who was instrumental in shaping its financial and strategic foundation. Management highlights his exceptional leadership, dedication, and lasting contributions, noting that his legacy is deeply woven into Azul’s culture and will continue to influence the organization.