Editorial Comment

Azul reports $700 million loss in second quarter 2024

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Azul reports $700 million loss in second quarter 2024

Brazilian airline Azul posted a net loss of $703.6 million in the second quarter of 2024, amid a weakening exchange rate from Brazilian real to US dollar, along with declining capacity and growing fuel costs. Overall operating expenses increased 1.5% to $678.9 million. The company's fuel expenses i...

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