INSUBCONTINENT EXCLUSIVE:
The company cited increased operational costs and fleet availability issues as primary reasons for this decision
cities include Campos and Cabo Frio in Rio de Janeiro state, Correia Pinto in Santa Catarina, and several locations in the Northeast
Azul will also make changes to its operations in other areas
Flights to Fernando de Noronha will now only operate from Recife airport
Juazeiro do Norte will see its connections redirected to Viracopos Airport in Campinas.This restructuring occurs against the backdrop of
The airline recently secured a US$500 million funding package as part of its comprehensive restructuring plan
Suspends Flights to 12 Brazilian Cities Amid Financial Restructuring
The company expects to generate record revenue of R$20 billion and EBITDA of more than R$5 billion for the fiscal year 2025
These projections represent a 40% increase compared to 2019 levels.Azul Airlines Suspends Flights to 12 Brazilian Cities Amid Financial
RestructuringThe airline industry in Brazil faces significant hurdles
Industry experts suggest that a potential merger between Azul and Gol might be necessary to ensure the sustainability of their
The airline plans to increase its overall capacity by about 10% in 2025, with a focus on international growth
between cost-cutting measures and growth initiatives
Azul aims to optimize its network while maintaining its position as a key player in the Brazilian aviation market
