All Azul articles – Page 3
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Airline BusinessFor Latin America’s airlines, return to 2019 is ‘not good enough’
As Latin American carriers make a steep climb out of the crisis, the region’s pre-pandemic normal is an undesirable summit
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NewsBrazil’s Azul optimistic about continued recovery
Brazilian airline Azul says business picked up markedly toward the end of the second quarter, and the airline remains positive that the country’s air transport recovery will continue in the coming months.
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NewsBrazil’s Azul inks $1b deal with Lilium
Brazil’s Azul has signed a commercial deal with German electric aviation startup Lilium worth up to $1 billion.
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NewsAzul explores consolidation, LATAM nixes codeshare
Brazilian airline Azul is pursuing consolidation opportunities, which it views as a means of helping the airline sector recover from the ongoing pandemic-driven downturn.
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NewsAzul posts quarterly loss, cargo revenue rises
Brazil’s Azul narrowed its loss in the first three months of the year compared to 2020, as a bump in cargo sales partly offset steep declines in passenger revenue.
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Airline BusinessDavid Neeleman ready for his fifth act with Breeze Airways
After launching four successful airlines in 30 years, serial entrepreneur David Neeleman’s latest project sees him targeting underserved US cities with Breeze Airways
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NewsAzul eyes 40% annual cargo revenue surge
Azul founder David Neeleman anticipates the Brazilian airline’s cargo business will take off in the coming years thanks to booming growth of e-commerce in Latin America.
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NewsAzul spools up for speedy recovery
Brazil’s Azul posted a profit in the fourth quarter of 2020 and is preparing for a stronger-than-industry-average recovery, especially across its domestic network and cargo operations.
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NewsHard-hit Latin American airlines set for an uneven recovery
Latin American airlines’ climb out of the coronavirus-driven downturn will likely be bumpier than their peers on other continents. Economic instability coupled with widely divergent travel restrictions, newly imposed taxes and a lack of government financial aid will make for an uneven recovery.
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NewsCopa wins Decade of Airline Excellence Award for Latin America region
Recipient of the Decade of Airline Excellence Award for the Latin America region, sponsored by Embraer.
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NewsAzul expects year-end leisure passenger revenue to exceed 2019
Brazil’s Azul expects domestic leisure passenger revenue to exceed last year’s figures in the coming weeks as the airline prepares for a strong summer travel season in the Southern Hemisphere.
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NewsAzul converting four E195s to support freight division
Azul has converted one of its Embraer 195s into a freighter to support its cargo division, and plans to adapt another three in response to “record demand”.
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NewsAzul banks on flexibility to weather coronavirus
Brazil’s Azul is banking on its fleet flexibility to match increasing demand for travel in the second half of the year after the coronavirus pandemic took a toll on the carrier in the second quarter.
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NewsAzul restructures lease payments to ease debt pressure
Brazilian carrier Azul has restructured its payment schedule with aircraft leasing firms which will including cutting operating lease outgoings by more than three-quarters over the last nine months of 2020. Its arrangements mean it will benefit from working capital relief amounting to R$3.2 billion ($595 million) by the end of ...
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NewsCan e-commerce deliver for airlines?
Passenger traffic growth is likely to remain sluggish for some time, but freight remains a bright spot for airlines
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NewsPortuguese state takes control of TAP to prevent bankruptcy
Portugal’s government has agreed to pay €55 million ($62 million) to increase its stake in national carrier TAP to 72.5% in order to prevent the airline from going bankrupt.
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NewsAzul cites flexibility as key to coronavirus operations
Brazilian carrier Azul says it is preparing a host of scenarios to manage its way out of the coronavirus crisis, while keeping cash burn low and maintaining a high level of liquidity that it hopes will help it see through to the other side of the global pandemic.
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NewsAzul expands April capacity cuts to 90%
Brazilian low-cost carrier Azul has cut its planned capacity through 30 April by 90%.
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NewsAzul sees drop in international demand, but domestic flights less impacted
Brazilian carrier Azul has cut its international flight network as a result of lower demand due to the global coronavirus crisis, and is closely monitoring its liquidity and expenditures as the crisis drags on.
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NewsBrazil takes steps towards realising airline potential
Brazil’s commercial aviation market can appear as infuriating as it is irresistible.
