Azul SA Schedule 13G Filing

BlackBarn Capital Partners LP, along with affiliated entities BlackBarn Capital Master Fund, LP, BlackBarn Capital GP, LLC, and BlackBarn Capital Partners GP, LLC, and individual Jonathan Carter, collectively reported beneficial ownership of 4,603,614,558,460 common shares of Azul SA, representing 8.4% of the outstanding shares. This ownership is held through BlackBarn Master Fund, LP, with BlackBarn Capital Partners LP acting as the investment manager. The filing indicates that these shares were not acquired for the purpose of changing control of the issuer. The filing date was February 27, 2026.