Azul Statement on the LATAM Codeshare and Potential Industry Consolidation
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SAO PAULO, May 24, 2021 /PRNewswire/ Azul, the largest airline in Brazil in terms of destinations and departures updates the market on its codeshare with LATAM and possible industry consolidation. Azul believes that consolidation is an important part of the post-pandemic industry response and the Company is in a strong position to drive that consolidation. The Company has hired advisors and is actively exploring industry consolidation opportunities in the region.
“The codeshare with LATAM was a unique solution in our pandemic response. We also realized that industry consolidation would be important for the post-pandemic recovery and Azul would be a key part of any such activity. At the end of the first quarter of 2021 we hired financial advisors and are actively exploring consolidation opportunities. We believe the cancelation of the cod
Azul Brazilian Airlines Nominates Peter Seligmann as Newest Board Member
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Board appointment reinforces Azul s commitment to ESG
SAO PAULO, April 22, 2021 /PRNewswire/ Azul S.A., Azul , (B3: AZUL4,NYSE: AZUL), the best airline in the world according to Tripadvisor, is excited to nominate Peter Seligmann as its new Independent Board Member. Peter is the Chairman of the Board and co-founder of Conservation International. Under Peter s leadership, Conservation International has emerged as one of the most impactful conservation organizations in the world. Peter A. Seligmann is also the CEO and co-founder of Nia Tero. Nia Tero works alongside Indigenous peoples and local communities in securing their rights, cultures, and well-being through agreements that secure the vitality of their oceans and lands. Working in over 40 nations, Peter has become a cutting-edge leader in valuing and sustainably caring for nature for the well-being of people.
Azul Cargo Revenue Grows 64% in 4Q20
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SÃO PAULO, Feb. 3, 2021 /PRNewswire/ Azul S.A., Azul , (B3: AZUL4,NYSE: AZUL) announces today that its logistics business unit Azul Cargo Express increased revenues in the fourth quarter of 2020 by 64% year over year. The business set new revenue records in each of the months during the quarter. This growth was driven by broad expansion in all segments of the cargo market, especially e-commerce. When Azul was launched 12 years ago, our mission was to increase the size of the passenger market. In logistics our philosophy is the same – our exclusive network and fleet allow us to offer short delivery times at competitive prices, with the potential to transform logistics in Brazil, said John Rodgerson, Azul s CEO.