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Azul S.A. American Depositary Shares (each representing three preferred shares) - AZUL STOCK NEWS

Welcome to our dedicated page for Azul S.A. American Depositary Shares (each representing three preferred shares) news (Ticker: AZUL), a resource for investors and traders seeking the latest updates and insights on Azul S.A. American Depositary Shares (each representing three preferred shares) stock.

Azul S.A. (NYSE: AZUL) is Brazil's largest airline in terms of flight departures and cities served. Founded in 2008, Azul has revolutionized the Brazilian commercial aviation landscape. Following its merger with Trip, Azul's fleet now comprises 121 aircraft, providing 840 daily flights to over 100 destinations and capturing approximately 15% of the domestic market, making it the third-largest airline in the country.

The company's core business involves operating regular and non-regular airline passenger services, cargo or mail transportation, passenger charters, and aircraft maintenance and leasing services. Azul also runs a successful frequent-flyer program, TudoAzul, and has a dynamic travel package business, Azul Viagens. Azul's fleet includes Embraer aircraft, known for offering extra legroom and eliminating middle seats, enhancing passenger comfort.

Azul's recent achievements include launching a public offering of senior secured notes due 2028, a significant milestone in optimizing its capital structure and improving liquidity. Additionally, Azul has been certified by the European Union Aviation Safety Agency (EASA) to provide maintenance services to European Union companies, marking its expansion into the international aviation maintenance market.

The airline is recognized for its exceptional service, offering an unparalleled network of 300 non-stop routes as of December 2022. Azul was named the most on-time airline in the world in 2022 by Cirium, a leading aviation data analysis company, and received the award for the best airline in the world by TripAdvisor Travelers' Choice in 2020.

Azul's financial stability is further strengthened by its strategic partnerships and continuous innovation. With over 13,000 Crewmembers and an operational fleet of over 170 aircraft, the company is well-positioned for accelerated growth and new business opportunities.

For more information, visit www.voeazul.com.br/ir.

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Azul, Brazil's largest airline, has successfully completed negotiations with aircraft lessors and bondholders, securing significant financial agreements. The company has obtained commitments for US$ 500 million in new investments, with US$ 150 million to be funded immediately, US$ 250 million upon documentation completion, and US$ 100 million pending additional conditions.

The airline has renegotiated 98% of its obligations with lessors and OEMs, resulting in US$ 550 million in finalized agreements and potential debt reduction exceeding US$ 800 million. Azul expects a 15% capacity increase in Q4 2024, with eight new aircraft arriving by year-end. The airline will operate 43,300 flights during the Brazilian summer season, including 3,048 extra flights.

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Azul, Brazil's largest airline, has partnered with Viasat Inc. (NASDAQ: VSAT) to equip seven new Airbus A330-900neo aircraft with advanced Ka-band in-flight connectivity. The first equipped aircraft is set to enter service in 2025. This expansion builds on their successful collaboration since 2021, when Azul became the first South American airline to offer Viasat's in-flight internet service.

Passengers will enjoy gate-to-gate internet access, with options for streaming, web browsing, and messaging. Azul is also adopting Viasat's Advertising platform to enhance the passenger Wi-Fi experience with ad-supported streaming sessions. This partnership aims to meet the growing demand for high-quality, consistent in-flight Wi-Fi, leveraging Viasat's high-throughput satellite capacity and ability to flex that capacity to meet demand in busy areas.

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Azul and GOL have initiated a codeshare agreement, starting July 11, 2024, to provide more travel options across Brazil.

This partnership includes 40 non-overlapping routes, with 20 already available on Azul's sales channels.

The companies aim to enhance connectivity and offer customers more flight and destination choices. The codeshare will create over 2,700 travel opportunities with just one connection within Brazil.

Customers can accumulate points or miles from either airline's loyalty programs when purchasing codeshare flights through the respective companies' digital channels.

Check-in and baggage procedures will follow the rules of the operating airline or the first leg of the journey.

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Azul and GOL airlines announced a codeshare agreement to connect their flight networks in Brazil, effective from late June 2024. This partnership covers domestic routes exclusively operated by either airline and includes frequent flyer programs, allowing members to earn points in their preferred program. The agreement grants customers access to over 150 destinations, providing more travel options and convenient connections. With approximately 2,700 travel opportunities created, customers can purchase flights through both companies' sales channels. Combined, Azul and GOL operate around 1,500 daily departures, enhancing route availability significantly.

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Azul S.A. (NYSE: AZUL, B3:AZUL4) announced the filing of its Form 20-F report for the fiscal year ended 2023 with the SEC on May 16, 2024. The report is accessible on the SEC's website and Azul's Investor Relations page. Shareholders and holders of Azul's American depositary shares can request free copies of the report from Azul's Investor Relations Department.

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Azul, the largest airline in Brazil, wins the American Maintenance Competition for the second consecutive year in the United States, showcasing their technical expertise and commitment to safety.
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Azul TecOps, a business unit of Azul, obtains certification from EASA to offer maintenance services to European Union companies, expanding its expertise abroad. The approval signifies a significant growth opportunity and revenue potential for Azul.
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Azul, the largest airline in Brazil, received the 'Restructuring Deal of the Year' award at the Aviation 100 Awards for conducting an open and friendly restructuring, ensuring business sustainability, and maintaining expansion plans. The company will grow its capacity by 11% and receive newer next-generation aircraft in 2024. Azul's CFO, Alex Malfitani, highlighted the importance of the award and the company's ability to generate cash. The company's fleet expansion plans include ATRs, Airbus 320 models, and Embraer, with the majority being the latter. Azul's restructuring was also recognized with the Liability Management Deal of The Year award at the Bonds & Loans Latin America & Caribbean Awards, and its CFO, Alex Malfitani, was named 'CFO of the Year' at the 2023 Equilibrist Award.
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Azul, the largest airline in Brazil, has announced a codeshare agreement with Silver Airways, expanding the destinations available to customers. The agreement allows customers to purchase tickets for flights operated by Silver Airways in the United States through Azul's sales channels. This partnership offers access to an extensive national and international network, reinforcing synergy and commitment to excellence in service. Customers will benefit from traditional services, a greater variety of destinations, single check-in, and baggage check-in from origin to final destination.
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Azul S.A. (AZUL) has been included in the Corporate Sustainability Index of the B3 Stock Exchange, maintaining a 'B' score on CDP. The 19th ISE B3 portfolio includes 78 companies from 36 sectors, with Azul once again as the only airline, highlighting its engagement and commitment to environmental initiatives and climate change.
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FAQ

What is the current stock price of Azul S.A. American Depositary Shares (each representing three preferred shares) (AZUL)?

The current stock price of Azul S.A. American Depositary Shares (each representing three preferred shares) (AZUL) is $2.67 as of November 15, 2024.

What is the market cap of Azul S.A. American Depositary Shares (each representing three preferred shares) (AZUL)?

The market cap of Azul S.A. American Depositary Shares (each representing three preferred shares) (AZUL) is approximately 311.9M.

What is Azul S.A.?

Azul S.A. is Brazil's largest airline by flight departures and cities served, offering passenger and cargo transport services.

When was Azul S.A. founded?

Azul S.A. was founded in 2008.

What is TudoAzul?

TudoAzul is Azul's frequent-flyer program that offers various benefits and rewards for loyal customers.

How many destinations does Azul serve?

Azul serves over 160 destinations with 1,000 daily flights.

What are some recent achievements of Azul?

Azul recently launched a public offering of senior secured notes due 2028 and received EASA certification for maintenance services in the EU.

What type of aircraft does Azul operate?

Azul operates an operational fleet of over 170 aircraft, including Embraer models known for extra legroom and comfort.

What awards has Azul received?

Azul was named the most on-time airline in the world in 2022 by Cirium and received the best airline in the world award by TripAdvisor Travelers' Choice in 2020.

How does Azul contribute to the aviation maintenance market?

Azul's Azul TecOps unit provides maintenance services, and it has been certified by EASA to serve European Union companies.

Where can I find more information about Azul?

For more information, visit Azul's Investor Relations website at www.voeazul.com.br/ir.

What is Azul's market share in Brazil?

Azul holds approximately 15% of the domestic market, making it the third-largest airline in the country.

Azul S.A. American Depositary Shares (each representing three preferred shares)

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