The airline is finally making progress toward consolidating Brazil's domestic air travel market.Brazilian airline Azul (AZUL 4.94%) has sealed an alliance with rival Gol Linhas Aereas Inteligentes that could lead to an eventual merger.Investors are optimistic the agreement will help the industry gain pricing power, sending shares of Azul up by as much as 11% in early trading. As of 2:20 p.m. ET, those gains had moderated to about 5%.The start of a merger process?Azul has been one of the top airlines in Lati ...

Azul S.A. (AZUL) has been seeing a steady rebound in air travel demand, both on the domestic as well as international front. With solid air-travel demand across the globe, AZUL's top line has been improving. As a reflection of this, first-quarter 2024 revenues of $945 million increased year over year owing to a healthy demand environment (both domestic and international), robust ancillary revenues, and growth in the company’s other business units. With more people taking to the skies, Azul’s passenger reven ...

Customers will have access to extensive flight connectivity with over 150 destinations and can choose in which program to accumulate points from codeshare flightsSÃO PAULO, May 23, 2024 /PRNewswire/ -- Azul and GOL airlines announce today a commercial cooperation agreement that will connect their flight networks in Brazil through a codeshare agreement. This partnership covers all domestic routes operated exclusively, meaning routes operated by one of the two companies but not the other.The agreement also en ...

Azul S.A. (AZUL) incurred a loss of 57 cents per share in the first quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 53 cents. Loss per share was 99 cents in the first quarter of 2023.Total revenues of $945 million lagged the Zacks Consensus Estimate of $968.2 million but increased year over year. The year-over-year improvement was due to a healthy demand environment (both domestic and international), robust ancillary revenues, and growth in the company’s other business units.With more ...

SÃO PAULO, May 16, 2024 /PRNewswire/ -- Azul S.A., "Azul", (B3:AZUL4, NYSE: AZUL announces that it filed with the U.S. Securities and Exchange Commission (SEC) today its Form 20-F report for the fiscal year ended 2023.The report is available on SEC's website, at www.sec.gov, and on Azul's Investor Relations website, at http://ri.voeazul.com.br/.Shareholders and holders of Azul's American depositary shares can obtain copies of Azul's Annual Report 20-F, free of charge, by making a request within a reasonable ...

As submitted to the Securities and Exchange Commission on May 15, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT ...

1Q24 Results May 13, 2024 ...

Azul S.A. (NYSE:AZUL) Q1 2024 Earnings Conference Call May 13, 2024 11:00 AM ET Company Participants Thais Haberli - Head, Investor Relations David Neeleman - Founder and Chairman John Rodgerson - Chief Executive Officer Abhi Shah - President Alexandre Malfitani - Chief Financial Officer Conference Call Participants Gabriel Rezende - Itau Victor Mizusaki - Bradesco Alberto Valerio - UBS Rogerio Araujo - Bank of America Operator Hello, everyone and welcome all to Azul's First Quarter Earning Call. My name is ...

As headwinds build, Azul looks to consolidate.One of Latin America's best-run airlines faces significant headwinds and is reportedly pondering moves to try to offset any weakness.The uncertainty appears to have investors on edge, sending shares of Azul (AZUL -3.64%) down 12% for the week as of Thursday midday, according to data provided by S&P Global Market Intelligence.Destination consolidation?The entire global airline industry was hit hard by the pandemic, but few regions felt the impact more than Latin ...

Casa Tradición, the maker of ultra-premium tequila Clase Azul, has lost its bid against Casa Azul ... [+] over trademark infringement.Casa Azul/WallpapersU.S. District Judge Lee Rosenthal has denied the maker of ultra-premium tequila Clase Azul, Casa Tradición’s accusation against Casa Azul over its trademark infringement.The court for the Southern District of Texas ruled the two companies can continue to market their tequila products, citing a clear distinction between their trade dresses, names, and brand ...