Airline Azul says Brazil govt loan could dilute shareholders by up to 15%

Brazilian airline Azul SA said late on Sunday that a proposed government loan to help the carrier weather the coronavirus crisis could dilute its stock by as much as 15% at current values if accepted by the company. The loan package totals about 2b reais ($376m). The airline said its liquidity position at the moment was better than expected and said it was still analyzing whether to accept the proposal from Brazil’s government. <br/>