SÃO PAULO, Brazil, Jan. 28,
2020 /PRNewswire/ -- Azul S.A., "Azul", (B3: AZUL4,
NYSE: AZUL), the largest airline in Brazil by number cities served and flight
departures, announces today its updated fleet plan. This updated
forecast reflects an acceleration of the Company's fleet
transformation strategy, resulting in 100% of Azul's domestic jet
capacity coming from next-generation aircraft by 2022. As a result,
Azul will have one of the most fuel-efficient, profitable and
environmentally-friendly fleets in the world.
According to John Rodgerson, CEO
of Azul, "we ended 2019 with 42 next-generation aircraft and could
not be more excited about the economics as well as the high-quality
onboard experience they offer to our customers. The A320neos and
E2s are the principal pillars in our goal to significantly increase
revenue and earnings while we grow responsibly over the next five
years."
This fleet plan represents the expected number of each aircraft
type we plan to operate over the next five years. Azul has
the flexibility to reduce or increase these numbers depending on
market conditions.
About Azul
Azul S.A. (B3: AZUL4, NYSE: AZUL), the largest airline in
Brazil by number of flight
departures and cities served, offers 916 daily flights to 116
destinations. With an operating fleet of 140 aircraft and more than
12,000 crewmembers, the Company has a network of 249 non-stop
routes as of December 31, 2019. In
2019, Azul was awarded best airline in Latin America by TripAdvisor Travelers' Choice
and also best regional carrier in South
America for the ninth consecutive time by Skytrax. For more
information visit www.voeazul.com.br/ir.
Contact:
Investor Relations
Tel: +55
11 4831 2880
invest@voeazul.com.br
Media Relations
Tel: +55 11 4831 1245
imprensa@voeazul.com.br
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SOURCE Azul S.A.