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Azul S.A. (NYSE: AZUL) is Brazil's largest airline in terms of flight departures and cities served. Founded in 2008, Azul has revolutionized the Brazilian commercial aviation landscape. Following its merger with Trip, Azul's fleet now comprises 121 aircraft, providing 840 daily flights to over 100 destinations and capturing approximately 15% of the domestic market, making it the third-largest airline in the country.
The company's core business involves operating regular and non-regular airline passenger services, cargo or mail transportation, passenger charters, and aircraft maintenance and leasing services. Azul also runs a successful frequent-flyer program, TudoAzul, and has a dynamic travel package business, Azul Viagens. Azul's fleet includes Embraer aircraft, known for offering extra legroom and eliminating middle seats, enhancing passenger comfort.
Azul's recent achievements include launching a public offering of senior secured notes due 2028, a significant milestone in optimizing its capital structure and improving liquidity. Additionally, Azul has been certified by the European Union Aviation Safety Agency (EASA) to provide maintenance services to European Union companies, marking its expansion into the international aviation maintenance market.
The airline is recognized for its exceptional service, offering an unparalleled network of 300 non-stop routes as of December 2022. Azul was named the most on-time airline in the world in 2022 by Cirium, a leading aviation data analysis company, and received the award for the best airline in the world by TripAdvisor Travelers' Choice in 2020.
Azul's financial stability is further strengthened by its strategic partnerships and continuous innovation. With over 13,000 Crewmembers and an operational fleet of over 170 aircraft, the company is well-positioned for accelerated growth and new business opportunities.
For more information, visit www.voeazul.com.br/ir.
Azul and GOL have initiated a codeshare agreement, starting July 11, 2024, to provide more travel options across Brazil.
This partnership includes 40 non-overlapping routes, with 20 already available on Azul's sales channels.
The companies aim to enhance connectivity and offer customers more flight and destination choices. The codeshare will create over 2,700 travel opportunities with just one connection within Brazil.
Customers can accumulate points or miles from either airline's loyalty programs when purchasing codeshare flights through the respective companies' digital channels.
Check-in and baggage procedures will follow the rules of the operating airline or the first leg of the journey.
Azul and GOL airlines announced a codeshare agreement to connect their flight networks in Brazil, effective from late June 2024. This partnership covers domestic routes exclusively operated by either airline and includes frequent flyer programs, allowing members to earn points in their preferred program. The agreement grants customers access to over 150 destinations, providing more travel options and convenient connections. With approximately 2,700 travel opportunities created, customers can purchase flights through both companies' sales channels. Combined, Azul and GOL operate around 1,500 daily departures, enhancing route availability significantly.
Azul S.A. (NYSE: AZUL, B3:AZUL4) announced the filing of its Form 20-F report for the fiscal year ended 2023 with the SEC on May 16, 2024. The report is accessible on the SEC's website and Azul's Investor Relations page. Shareholders and holders of Azul's American depositary shares can request free copies of the report from Azul's Investor Relations Department.
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