Airline

Azul reports record Q1 revenue after 40% increase

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Azul reports record Q1 revenue after 40% increase

Azul's first-quarter operating revenue hit a record RS$ 4.5bn (US$ 920 million) after a year-on-year increase of over 40%. The revenue surge could not prevent an adjusted net loss of over RS$ 727 million,  a 10% improvement on Q1 2022. The Brazilian airline's earnings (EBITDA) came to R$1.03bn, for...

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