INSUBCONTINENT EXCLUSIVE:
a 2% rise in passenger kilometers played key roles, though the load factor slightly dropped to 79%.A 6% annual decrease in seat cost per
Azul, supporting its pricing power and profit focus.Moreover, Azul is adjusting operationally to external events, such as recent severe
navigation through fiscal and operational challenges underscores its strategic prowess in pursuing growth and recovery.With a potential
merger with Gol, promising significant synergies, Azul aims to solidify its market stance.Targeting a price of R$40.00 ($7.77) by year-end
2024, the airline commits to overcoming industry hurdles, enhancing value, and preparing for expansion.
