The American Maintenance Competition took place in Chicago and has become known as one of the most rigorous competitions in the world in the aviation sector  Check out images of the event  SÃO PAULO, April 16, 2024 /PRNewswire/ -- For the second consecutive year, Azul, the largest airline in daily flights and destinations served in Brazil, won the title of two-time champion at the American Maintenance Competition (AMC), an annual aeronautical maintenance tournament. The company was represented by two teams ...

Azul S.A. (AZUL) incurred a loss of 47 cents per share in the fourth quarter of 2023, wider than the Zacks Consensus Estimate of a loss of 22 cents. Loss per share was 83 cents in the fourth quarter of 2022.Total revenues of $1,015.6 million lagged the Zacks Consensus Estimate of $1,016.8 million but increased year over year. The year-over-year improvement is due to the robust growth in passenger revenues and a solid contribution from other businesses, especially the continued growth in domestic cargo reven ...

Azul S.A. (NYSE:AZUL) Q4 2023 Earnings Conference Call March 28, 2024 11:00 AM ET Company Participants Thais Haberli - Head, Investor Relations David Neeleman - Founder & Chairman John Rodgerson - Chief Executive Officer Alex Malfitani - Chief Financial Officer Abhi Shah - President Conference Call Participants Victor Mizusaki - Bradesco Savi Syth - Raymond James Gabriel Rezende - Itau Alberto Valerio - from UBS Daniel McKenzie - Seaport Global Guilherme Mendes - JP Morgan Operator [Call Starts Abruptly] [O ...

With the highest standards of excellence in technical services, Azul's business unit achieves its first international endorsement and begins to offer its skills and expertise in other countries around the world   SÃO PAULO, March 18, 2024 /PRNewswire/ -- Azul TecOps, a business unit of Azul created in April 2023 to provide maintenance services, skills, and technical expertise to other companies, has obtained certification from the European Union Aviation Safety Agency (EASA) to serve European Union companie ...

Matheus Obst In a recent report, I discussed the bankruptcy of Gol Linhas Aéreas Inteligentes S.A. (OTCPK:GOLLQ) and one of the questions I received was whether Azul S.A. (NYSE:AZUL) would benefit from the Gol bankruptcy, and intuitively one would argue that will be the case. However, in this report, I explain why there's no certainty that the Gol bankruptcy will help Azul. For the time being, I'm not altering my rating for Azul, but I want to discuss the Gol-Azul dynamics from a qualitative perspective. Th ...

Stefan Lambauer/iStock Editorial via Getty ImagesSummary Azul S.A.'s (NYSE:AZUL) outlook has turned up, in a span of 90 days two very important events should improve the airline's operating and cashflow dynamics which led me to upgrade the shares to BUY from Sell. In 4Q24 the company concluded a US$950m debt restructure related to aircraft leases that included issuing new shares without significant dilution. The second is the recent chapter 11 decision by Linhas Aéreas Inteligentes S.A. (OTCPK:GOLLQ) th ...

The codeshare will add the cities of Key West, Tampa, Gainesville in Florida and many more destinations in The Bahamas to Azul's destinations  SÃO PAULO, Jan. 25, 2024 /PRNewswire/ -- Azul, the largest airline in Brazil terms of daily flights and served destinations, and Silver Airways, one of the leading regional airlines in the United States, have announced the commencement of a codeshare agreement, which entails the sharing of flights between the two airlines. In this cooperation model, customers can pur ...

Azul S.A. (AZUL) reported double-digit year-over-year increases in traffic and capacity for December 2023. In December, the Brazilian carrier’s consolidated revenue passenger kilometers (a measure of air traffic) and available seat kilometers (a measure of capacity) increased 5.7% and 2.9%, respectively, on a year-over-year basis. With consolidated passenger traffic growth outpacing capacity expansion, the load factor (the percentage of seats filled by passengers) improved to 79.8% from 77.6% in December 20 ...

Azul S.A. (NYSE:AZUL) Q3 2023 Earnings Conference Call November 14, 2023 10:00 AM ET Company Participants Thais Haberli - Head, Investor Relations David Neeleman - Founder & Chairman John Rodgerson - Chief Executive Officer Alex Malfitani - Chief Financial Officer Abhi Shah - President Conference Call Participants Gabriel Rezende - Itaú BPA Gabriel Raposo - Bradesco Michael Linenberg - Deutsche Bank Daniel McKenzie - Seaport Global Operator Hello, everyone, and welcome all to Azul's Preliminary Third Quar ...

Preliminary 3Q23 Results Disclaimer The information contained in this presentation is only a summary and does not purport to be complete. This presentation has been prepared solely for informational purposes and should not be construed as financial, legal, tax, accounting, investment or other advice or a recommendation with respect to any investment. This presentation does not constitute or form part of any offer or invitation for sale or subscription of or solicitation or invitation of any offer to buy or ...