Azul has confirmed that a group accounting for roughly 86% of holders of bonds expiring in 2024 and 2026 have agreed to the exchange offer proposed by the company to delay its maturities to 2029 and 2...
Latin American airlines are expected to record a net loss of about $1.4 billion in 2023, as per the latest figures revealed by International Air Transport Association (IATA). Speaking at the IATA’s Wi...
Azul is in the market with an offering to exchange existing senior notes for new senior secured notes. Issued via subsidiary, Azul Investments, the offer proposes exchanging the 5.875% senior notes du...
Brazilian airline Azul expects its restructuring will reduce its leasing costs by "approximately R$5.4bn" (US$1.1bn) to 2027 "and beyond". The savings, the company believes, should see its leverage ra...
Azul's first-quarter operating revenue hit a record RS$ 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 mill...
Azul's consolidated passenger traffic increased 6.7% year-on-year in April 2023, with a capacity increase of 8% and a load factor of 78.8%. “In April we experienced steady demand with a 78% domestic ...
Brazilian airline Azul was the world's on-time carrier in March, with 89.87% of flights arriving at their destination when they wree supposed to, according to UK-based aviation analytics firm Cirium. ...
Brazilian airline Azul said its "consolidated passenger traffic" increased 8.1% in March 2023 compared to the month in 2022. The passenger traffic growth was measured in revenue passenger kilometres a...
Brazil's Azul said its passenger traffic increased 25.9% in February 2023 compared to the same month the year before. “We started the year encouraged by the strong demand environment, which continues ...
Brazilian airline Azul reported a record three-month operating revenue of R$4.5bn (US$ 860 million) for the fourth quarter of 2022 (Q4 2022), taking it to R$15.9bn revenue for the year. But the carrie...
Azul has reached commercial agreements with lessors to cut payments on more than 90% of its lease obligations. The Brazilian airline said that the deals "represent a significant part of a comprehensiv...
De Havilland Aircraft of Canada is hoping to win over 80% of India’s small plane market share, as the country aims to advance its regional connectivity scheme focusing on smaller Tier II and Tier III ...
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