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Azul dominates Brazil's airline industry along with LATAM and Gol. It managed to avoid Chapter 11 even as a number of Latin American carriers filed for bankruptcy after the COVID-19 pandemic ...
Azul is now the second-largest carrier in Brazil. The pandemic did little to deter its growth, but the airline must find a solution for its increasing debt levels.
Azul's net debt soared 50% year-on-year by the end of the first quarter to 31.35 billion reais ($5.56 billion), with its leverage ratio hitting 5.2, up from 3.7 a year earlier. ($1 = 5.6377 reais) ...
SÃO PAULO, Jan. 15, 2025/ PRNewswire/-- Azul and Abra, the majority investor of Gol and Avianca, have announced today they have signed a non-binding Memorandum of Understanding with the intent to ...
The expanded agreement builds on United and Azul's existing codeshare routes from Houston and Newark, New Jersey. From Brazil, Azul operates 16 direct flights connecting Fort Lauderdale to ...
Azul Airlines (AZUL4) had a surge in share price after releasing its 4Q24 report on January 24. At 11:15 am (Brasília), the company’s shares increased 5.23% to R$3.82 per. According to local ...
About Azul Azul S.A. (AZUL), the largest airline in Brazil in terms of departures and cities served, offers 1,000 daily flights to more than 160 destinations.
Brazilian airline Azul said on Friday it had bought seven Airbus A330neo wide-body aircraft to significantly expand international flights, with deliveries scheduled to start in 2026.
Brazil’s Azul had a record-breaking quarterly revenue of R$4.3 billion, up 8.8% against the R$3.9 billion it reported in the same quarter last year, and 63% over the same quarter in pre-pandemic ...
Azul, Brazil's largest airline by destinations served, finds itself at a crossroads. On August 1, the company announced a $650 million investment agr ...
An employee of Azul Brazilian Airlines checks the Embraer 190 plane at International Airport in Guarulhos, Brazil July 11, 2018. REUTERS/Leonardo Benassatto/File Photo Purchase Licensing Rights ...
SAO PAULO, March 5 (Reuters) - Brazilian airline Azul SA AZUL4.SA said late on Sunday it had reached agreements with aircraft lessors responsible for 90% of its obligations that would give them ...