| AZUL COMPANY LIMITED | Private company limited by shares | Live |
| Azul Capital Limited | Private company limited by shares | Live |
| La Casa Azul HK Limited | Private company limited by shares | Live |
| CIELO AZUL LIMITED | | Live |
| CLASE AZUL ASIA LIMITED | Private company limited by shares | Live |
| AZUL INVESTMENT CO., LIMITED | Private company limited by shares | Live |
| CORPORACION OCEANO AZUL 128 LIMITED | Private company limited by shares | Live |
| Azul (Dalian) Machinery Co., Limited | Private company limited by shares | Live |
| Azul Dragon Limited | Private company limited by shares | Dissolved |
| AZUL ELECTRONICS COMPANY LIMITED | Private company limited by shares | Dissolved |
| Azul Horizon Company Limited | Private company limited by shares | Live |
| AZUL MACAUBAS CO., LIMITED | Private company limited by shares | Dissolved |
| Azul Tech Limited | | Live |
| AZULATRADING LIMITED | Private company limited by shares | Live |
| Azulcap Limited | | Live |
| Azuleagle Trading Company Limited | Private company limited by shares | Live |
| AZULITY (HK) CO., LIMITED | Private company limited by shares | Dissolved |