Azul, Brazil's third-largest airline, announced this Tuesday it reached an agreement with Two Táxi Aéreo, by which it acquires the latter in a transaction worth BRL123 million — equivalent to 29.761 million dollars in current values. The partnership is pending a further sale contract and regulatory approvals. Two Táxi Aéreo, branded as TwoFlex, is one of the largest commuter operators in the country, with operations throughout all regions of Brazil. Although the company started up and grew by transporting cargo,…
Last Thursday, Azul started services on the "Ponte Aérea" shuttle connecting São Paulo (Congonhas) to Rio (Santos Dumont), the most premium route in Latin America, with 16 daily flights each way. The new operations saw a big celebration at both airports. The event counted with the presence of Azul's executives…
After months of lobbying, discussions and even open verbal fights in the media, Azul finally announced the opening of sales for their operations in the Rio/Santos Dumont-São Paulo/Congonhas "Ponte Aérea" sector, Brazil's most desired route. This comes less than two weeks after the distribution of Avianca Brasil slots in Congonhas…
After months of lobbying, discussions and even open verbal fights in the media, Azul finally announced the opening of sales for their operations in the Rio/Santos Dumont-São Paulo/Congonhas "Ponte Aérea" sector, Brazil's most desired route. This comes less than two weeks after the distribution of Avianca Brasil slots in Congonhas…
The National Civil Aviation Agency in Brazil (ANAC) concluded on Wednesday the redistribution of the 41 pairs of slots (spaces for takeoffs and landings) that were used by Avianca Brasil in Congonhas, São Paulo’s downtown airport, one of the busiest and more lucrative airports in the country. Azul, which holds…
The National Civil Aviation Agency in Brazil (ANAC) concluded on Wednesday the redistribution of the 41 pairs of slots (spaces for takeoffs and landings) that were used by Avianca Brasil in Congonhas, São Paulo’s downtown airport, one of the busiest and more lucrative airports in the country. Azul, which holds…
The National Civil Aviation Agency in Brazil (ANAC) concluded on Wednesday the redistribution of the 41 pairs of slots (spaces for takeoffs and landings) that were used by Avianca Brasil in Congonhas, São Paulo’s downtown airport, one of the busiest and more lucrative airports in the country. Azul, which holds…
While Avianca Brasil's slots may have been auctioned last week, the discussion may not yet come to an end. As legal uncertainty looms over the validity of this auction, the slot sale could be reverted. The main fight is over the slots in the oversaturated Congonhas Airport in São Paulo,…
In the latest episode of a continuous conflict among airlines in Brazil, the chief executive officer of Gol Transportes Aéreos, Paulo Kakinoff, rebuked comments by Azul Brazilian Airlines' CEO saying that Gol wants to keep Azul from competing on routes between Congonhas Airport in downtown Sao Paulo, and Santos Dumond…
Azul Brazilian Airlines started flying to Porto, Portugal on Monday, June 3. This is the second destination for the airline in Portugal, which already operates flights between Brazil and Lisbon. Porto is the second-largest city in Portugal and experienced significant tourism increase in the last few years. The flight between…
