Azul(US:AZUL)2025-11-14 12:00Financial Performance - Azul achieved record-high revenue of R$5.7 billion in 3Q25, an 11.8% increase compared to 3Q24[11] - The company's EBITDA reached R$2.0 billion in 3Q25, with a 34.6% margin, representing a 20.2% increase compared to 3Q24[11] - EBIT was R$1.3 billion with a 22.1% margin, a 23.7% increase compared to 3Q24[11] - RASK (Revenue per Available Seat Kilometer) increased by 4.4% to R$44.76 cents in 3Q25 compared to 3Q24[11] Operational Efficiency - ASK (Available Seat Kilometers) grew by 7.1%, reaching 12.8 billion in 3Q25[16] - Productivity increased by 8.6%, reaching 861 million ASK per FTE in 3Q25[20] - Load factor improved by 2.0 percentage points to 84.6% in 3Q25[20] - Adjusted CASK (Cost per Available Seat Kilometer) decreased by 2.0% from 2Q25 to 3Q25, reaching R$34.85 cents[24, 25] Business Growth - "Beyond the Metal" business units experienced continued growth, contributing significantly to net revenue[12, 13]