Azul S.A., the largest airline in Brazil by number of flight departures and cities served, has announced the establishment of a Special Independent Committee as approved by the Company's Board of Directors during a recent meeting. This committee, comprising Mrs. Renata Faber Rocha Ribeiro, Mr. Jonathan Seth Zinman, and Mr. James Jason Grant, all independent directors, will serve as an advisory body to the Board. It is tasked with evaluating, reviewing, planning, overseeing negotiations, and providing recommendations to the Board on matters related to the Chapter 11 proceedings initiated by the company.
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