While an eventual date for an airline bailout package in Brazil approaches, at least one airline is still reviewing whether such a package would be worthwhile or not. This is what John Rodgerson, CEO of Azul, told Reuters this Friday. The airline was the third-largest by domestic traffic in Brazil before the coronavirus crisis hit the country. The executive told the news agency that, "our Board of Directors will meet next week to decide if the company will adhere [to the…
As the rebuilding of Brazilian commercial aviation continues, Azul Brazilian Airlines, Brazil's third-largest airline before the COVID-19 pandemic struck in March, will rebrand its latest acquisition to bring it closer to its own brand. TwoFlex Táxi Aéreo, which had its takeover approved by anti-trust authorities in March and concluded in…
As Brazil's domestic COVID-19 pandemic turns five months old, the largely-awaited government relief package to airlines is still a big question mark for investors and industry executives alike. While conditions of the aid are still a topic of discussion between the government and airlines since the beginning of the demand…
As the industry forecasts a repressed demand for the months and years to come due to the recession caused by the COVID-19 pandemic, airlines have started to make creative use of their assets to maximize their cargo revenues, which are suffering less than passenger revenues. In Brazil, Azul, the third-largest…
Although it never came to a complete stop, the Brazilian domestic market reduced its capacity by 90% between April and May as a result of the economic and airline industry fallout stemming from the COVID-19 pandemic. Since then, airlines in Brazil have been gradually increasing their operations in the hope…
In a move that was unexpected by the market, Azul Linhas Aéreas and LATAM Airlines Brasil have announced a domestic codeshare agreement and a partnership between their frequent-flier programs, TudoAzul and LATAM Pass. The two are, respectively, the third and first airlines in Brazil by pre-COVID-19 domestic traffic, and plan…
In the same week Brazil became the country with the second most confirmed cases of COVID-19 in the world, Azul Brazilian Airlines, GOL Airlines and LATAM, the country's three major airlines, have started to roll out their networks for June. Somewhat counterintuitively, the three reported a capacity increase compared to…
Azul, Brazil's third-largest airline, announced today it had reached an agreement with Embraer to postpone the delivery of 59 Embraer E195-E2s it planned to receive between 2020 and 2023. By the amended deal, these jets will be delivered starting from 2024 only. This deal comes as another measure taken by…
With demand for air travel practically vanishing due to the COVID-19 pandemic, airlines around the world are trying to find the best financial solutions to assure survival during the upcoming months. Generally, along with cash-preserving measures, this incurred in seeking help from governments. For Brazilian airlines, this was no different.…
Azul Airlines, the largest airline in Brazil, has announced that it will sublease 53 of its Embraer E195-E1 aircraft to LOT Polish Airlines and Breeze Aviation, a US-based startup. In a statement, Azul said that this decision is in line with its plans to replace its aging Embraer E1 fleet…
