AZUL
AZUL lost R$6.1b in 1Q20 (vs R$125.3m net income in 1Q19) on 10.3% higher revenues and closed previously announced acquisition of TWO TAXI AEREO (TwoFlex), which serves 39 destinations in Brazil with 17 Cessna Caravans, for R$123m.
Subscription Required
AZUL is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.