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 ...

Core Viewpoint - C3 Metals Inc. has successfully executed a surface access rights agreement with the Cancahuani community for its Khaleesi copper-gold project in Southern Peru, which is crucial for advancing the project's exploration and permitting process [2][3]. Company Overview - C3 Metals Inc. is a mineral exploration company focused on discovering and developing large copper and gold deposits, holding approximately 30,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru [10]. - The company has expanded its mineral concession package from 57 sq. km to 300 sq. km since entering Southern Peru in 2020 through a merger [4]. Project Details - The Khaleesi project is an undrilled copper-gold skarn and porphyry prospect located approximately 38 km east of the Las Bambas mine and 43 km northwest of the Constancia mine [3]. - Initial fieldwork at Khaleesi has identified high-grade copper-gold mineralization over a mapped area of 1.5 km by 1.0 km [3]. - The project is situated in a geologically favorable area, with proximity to major mining operations, enhancing its exploration potential [3][10]. Recent Developments - The surface access agreement is a critical step for obtaining the Declaration of Environmental Impact (DIA) necessary for drilling permits [2][3]. - The company plans to conduct soil geochemical data collection and aggressive surface mapping and rock sampling now that the surface access agreement is in place [8][9]. - Drilling at Khaleesi is anticipated to commence as early as 2025, contingent upon the completion of the permitting process [9]. Future Plans - C3 Metals has identified over 15 skarn and multiple porphyry prospects within its mineral concession package, with Khaleesi being the highest priority due to its high-grade potential [8]. - The company aims to complete detailed mapping and sampling before drilling, leveraging the support of the Cancahuani community to facilitate the permitting process [9].

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. ...

Core Viewpoint - MAX Resource Corp. has announced a USD $4.2 million exploration program for its Sierra Azul Copper-Silver Project in Colombia, funded by Freeport-McMoRan Exploration Corporation under an earn-in agreement [1][2]. Exploration Program and Budget - The exploration program aims to conduct systematic regional exploration over an area exceeding 1,300 square kilometers and to define priority drilling targets [2]. - This budget represents the largest annual exploration budget to date for the company [2]. Objectives of the Exploration Program - The program has two main objectives: Drill Target Development and Regional Exploration [3]. - Drill Target Development will focus on 28 priority targets across three districts, with activities including geological mapping, soil sampling, and geophysical surveys [3]. - The Regional Exploration Program will involve collecting up to 7,500 soil samples and 1,600 stream sediment samples, along with structural analysis and geological mapping [3]. Recruitment and Community Engagement - To support the exploration efforts, the company is recruiting additional geologists and technicians [4]. - The company will also continue its corporate social responsibility initiatives, engaging with local communities and maintaining communication with government authorities [4]. Project Background - The Sierra Azul Copper-Silver Project consists of three districts: AM, Conejo, and URU, covering a total of 188 square kilometers of mining concessions and 1,141 square kilometers of mineral concession applications [6]. - Under the earn-in agreement with Freeport, the latter can earn an 80% interest in the project by spending a total of USD $50 million and paying USD $1.55 million in cash to MAX [6]. District Highlights - In the AM District, significant copper and silver values have been documented, with a 15-kilometer mineralized corridor identified [7]. - The Conejo District has shown promising mineralization with surface samples averaging 4.9% copper, and two priority targets have been established [8]. - The URU District has identified a 20-kilometer mineralized corridor with notable drill results, including intersections of 7.0% copper and 115 g/t silver [9].

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 ...