As part of its Chapter 11 restructuring process, Azul has reported its July operating reports and financial information to the US Bankruptcy Court for the Southern District of New York.
The Brazilian airline reported total operating revenues of 2bn Brazilian reals ($368.9 million) for the month. Adjusted EBITDA was 708.9 million reals ($130.6 million), and adjusted EBITDA margin was 35.2%. Operating income was 467.9 million reals ($86.2 million) and operating margin was 23.2%.
As of the end of the month, the company had 2.3bn reals ($423.9 million) in cash, cash equivalents and short-term investments.