Question

Why wouldn't Azul purchase the planes if they were obviously needed for the company's operations? 

   Why wouldn't Azul purchase the planes if they were obviously needed for the company's operations?
Fundamentals of Corporate Finance
Fundamentals of Corporate Finance
Stephen A. Ross;… 11th Edition
Chapter 27, Problem 10 ↓

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Cost: Purchasing planes can be a significant financial investment for any company. Azul may not have had the necessary funds or resources available to make the purchase at that time.  Show more…

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Why wouldn't Azul purchase the planes if they were obviously needed for the company's operations?
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