Why Azul Stock Lost Altitude This Week

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 ...