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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.

News

Azul Airlines and Silver Airways announce a codeshare agreement for flights between Brazil and the United States

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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 is included in B3's Corporate Sustainability Index (ISE B3) for Third Consecutive Year

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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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Surf Air Mobility and Azul Conecta Enter Agreement to Incorporate Electric Powertrains into Azul’s Cessna Caravan Fleet

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Surf Air Mobility Inc. (SRFM) and Azul S.A. (AZUL) have agreed to collaborate on the commercial deployment of electric Cessna Caravan within Azul’s existing fleet. By electrifying its Cessna Caravan fleet, Azul believes they can take a meaningful step toward their goal of net-zero carbon emissions by 2045. Surf Air Mobility is targeting certification of its proprietary electrified powertrain in 2026 in the U.S. In doing so, Azul and Surf Air Mobility hope to be a catalyst for change within South America and global leaders in regional air mobility. The agreement will help make it possible to upgrade Azul’s existing aircraft with fully electric powertrains once Surf Air Mobility’s proprietary technology is developed and certified. Surf Air Mobility’s first generation fully electric powertrain technology is targeted to reduce direct operating costs by as much as 50% and eliminate 100% of direct carbon emissions. These performance improvements can have profound impacts on how Azul operates its Cessna Caravan network.
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Azul and Navitaire Renew Partnership

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Azul (AZUL) and Navitaire Extend Agreement to Strengthen Digital Capabilities and Support Growing Network. The extension includes Navitaire’s New Skies® digital retail platform, Dynamic Pricing for Ancillaries, Travel Commerce, and GoNow Agent day-of-departure solutions. Azul, Brazil’s largest airline, has grown to become the leading Brazilian low-cost carrier (LCC) with the largest route network in the country and international services to the US, Europe, South America, and the Caribbean. The extension builds on Azul and Navitaire’s strong partnership since the carrier’s 2008 launch, providing Azul with an agile platform to explore opportunities and generate innovative ideas for new products for customers like its SkySofa and Economy Xtra.
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Azul Announces the Results of its Mandatory Repurchase Offer to Purchase up to U.S.$55,900,850 in Aggregate Principal Amount of its Outstanding 11.500% Senior Secured Second Out Notes due 2029

Rhea-AI Summary
Azul S.A. announced the results of its offer to purchase up to US$55,900,850 of its outstanding 11.500% Senior Secured Second Out Notes due 2029. The offer expired on August 16, 2023, and the aggregate principal amount of the Notes validly tendered was US$285,132,000, exceeding the Maximum Repurchase Amount. Therefore, the proration factor will be approximately 19.6%, and the Issuer expects to accept for purchase approximately US$196 aggregate principal amount of Notes.
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Azul Announces the Launch of a Mandatory Repurchase Offer to Purchase up to U.S.$55,900,850 in Aggregate Principal Amount of its Outstanding 11.500% Senior Secured Second Out Notes due 2029

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Azul Announces Expiration and Final Results of Previously Announced Exchange Offers of Certain Existing Notes for New Notes and the Solicitations of Consents to Proposed Amendments to the Existing Indentures

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Azul S.A. (B3: AZUL4, NYSE: AZUL) announces the expiration and final results of exchange offers for outstanding senior notes, with 73.6% of the 2024 notes and 94.7% of the 2026 notes tendered for exchange. Settlement is expected on July 14, 2023.
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Azul Announces the Launch of Senior Secured Notes Offering due 2028

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Azul Announces Expected Settlement Date for the Previously Announced Exchange Offers of Certain Existing Notes for New Notes and the Solicitations of Consents to Proposed Amendments to the Existing Indentures

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Azul Announces an 86% Acceptance Rate for Its Exchange Offers

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Brazil's largest airline, Azul, has announced that it has received an aggregate acceptance rate of 86% for its offers to exchange its 2024 and 2026 Senior Notes. This includes $291,170,000 in principal of the 5.875% Senior Notes due 2024 and $567,602,000 in principal of the 7.250% Senior Notes due 2026.
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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 $1.79 as of December 20, 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 208.7M.

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.

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

NYSE:AZUL

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208.72M
111.87M
14.58%
6.27%
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