SÃO PAULO and CARLSBAD, Calif., Aug. 20, 2024 /PRNewswire/ -- Azul, the largest airline in Brazil by number of departures and cities served, and Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that seven aircraft in Azul's new Airbus A330-900neo fleet will be equipped with Viasat's trusted Ka-band in-flight connectivity solution, with the first aircraft scheduled to enter service next year.Consistent with the in-flight Wi-Fi offering on Azul's other aircraft types eq ...

Azul S.A. (AZUL) incurred a loss of $1.23 per share in the second quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 76 cents. Loss per share was 81 cents in the second quarter of 2023.Total revenues of $800.7 million outpaced the Zacks Consensus Estimate of $791.4 million but declined year over year. The year-over-year downfall is owing to the impact of the Rio Grande do Sul floods in May and the temporary reduction in the company’s international capacity.With more people taking to the s ...

C3 Metals Wholly Owned Subsidiary, Molino Azul S.A.C., Executes Agreement with Cancahuani Community to Provide Surface Access Rights at Khaleesi Copper-Gold Porphyry-Skarn Project in PeruAugust 13, 2024 7:00 AM EDT | Source: C3 Metals Inc.Toronto, Ontario--(Newsfile Corp. - August 13, 2024) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that its wholly owned subsidiary, Molino Azul S.A.C, has executed a surface access rights agreement with th ...

Azul S.A. (NYSE:AZUL) Q2 2024 Earnings Conference Call August 12, 2024 11:00 AM ET Company Participants Thais Haberli - Head, Investor Relations John Rodgerson - Chief Executive Officer Abhi Shah - President David Neeleman - Founder and Chairman Alexandre Malfitani - Chief Financial Officer Conference Call Participants Savanthi Syth - Raymond James Alberto Valerio - UBS Gabriel Rezende - Itau Guilherme Mendes - JPMorgan Victor Mizusaki - Bradesco Joao Frizo - Goldman Sachs Michael Linenberg - Deutsche Bank ...

Boarding1Now/iStock Editorial via Getty Images Introduction Azul (NYSE:AZUL) survived the pandemic by negotiating with airplane leasing companies and other suppliers a combination of suspended payments in return for higher rates in the hope of a rapid return to normalcy. Unfortunately, Brazil´s helicopter money programs drove the BRL (Brazilian Real) to devalue by 50% between 2021 and 2023 which caused debt interest payments to consume more than the operating cash flow, despite the revenue recovery. Thi ...

AZUL (AZUL) is scheduled to report second-quarter 2024 results on Aug 12 before market open.AZUL has a discouraging earnings surprise history, having missed the Zacks Consensus Estimate in each of the trailing four quarters. The average miss is 51.3%.The Zacks Consensus Estimate of a loss in the soon-to-be-reported quarter has been revised downward by 1.56% in the past 60 days to 65 cents per share. Meanwhile,the Zacks Consensus Estimate for revenues is pegged at $882.6 million, which indicates growth of 2. ...

Max Resource Announces the 2024 Exploration Program for the Sierra Azul Copper-Silver Project, Funded by Freeport-McMoRan Exploration CorporationJuly 30, 2024 8:00 AM EDT | Source: MAX Resource Corp.Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company")  is pleased to announce the 2024 exploration program for its Sierra Azul Copper-Silver Project (formerly known as the Cesar Copper-Silver Project), l ...

The Codeshare agreement, announced at the end of May, offers more travel options and convenience to Customers SÃO PAULO, July 11, 2024 /PRNewswire/ -- The airlines Azul and GOL reinforce this wednesday the commercial cooperation agreement that connects the networks of both companies through a codeshare agreement. Starting today, 40 non-overlapping routes will be available for sale on the companies' channels, with the addition of many more routes expected over the coming weeks. On Azul's sales channels, 20 i ...

AZUL’s (AZUL) upbeat air travel demand both on the international and domestic fronts is boosting its top line. A decline in operating expenses bodes well for the airline. However, the company is grappling with weak liquidity and elevated labor costs.Factors Favoring AZULDriven by an uptick in air travel demand, AZUL's consolidated traffic, measured in revenue passenger kilometers, has been significantly rising. As a result, available seat kilometers (a measure of capacity) increased by 2.6% year over year i ...

dabldy/iStock Editorial via Getty ImagesInvestment Thesis I recommend buying Azul (NYSE:AZUL) shares. The company has a different strategy than its competitors in Brazil, and I see strong signs that this strategy will have an important catalyst. In my view, the request for recovery from competitor Gol (OTCPK:GOLLQ), and the codeshare agreement signed between the companies has Azul as a major beneficiary. Finally, when we analyze the EV/EBITDA, the company trades with a significant discount of 15% compar ...