Streetbeat News

AZUL

Azul S.A.

https://www.voeazul.com.br

Industry

Airlines, Airports & Air Services

Azul S.A., together with its subsidiaries, provides passenger and cargo transportation services in Brazil. As of December 31, 2021, the company operated 850 daily departures to 125 destinations through a network of 259 non-stop routes with a fleet of 179 aircraft. It is also involved in the loyalty programs, travel packages, investment fund, logistics solutions, and aircraft financing activities. The company was incorporated in 2008 and is headquartered in Barueri, Brazil.

Open

2.10

Mkt cap

76M

Volume

High

2.10

P/E Ratio

-0.24

52-wk high

10.37

Low

2.04

Div yield

N/A

52-wk low

2.02

The Automotive Genuine Leather Industry Report 2024 highlights growth in the Passenger Cars and Commercial Vehicles segments, with major players like Bader, Boxmark, Carroll Leather, Conneaut Leather, Couro Azul, Mingxin Leather, and Wollsdorf. The Passenger Cars segment is projected to reach $10.1 billion by 2030, growing at a 4.9% CAGR, while the Commercial Vehicles segment is expected to grow at a 4.5% CAGR.

Portfolio Pulse from

December 12, 2024 | 10:30 am

AZUL's Q3 earnings miss and revised capacity growth expectations raise concerns for investors.

Portfolio Pulse from

November 20, 2024 | 4:45 pm

AZUL reported a wider-than-expected loss for Q3 2024, despite benefiting from strong demand and robust ancillary revenues. The company also lowered its capacity outlook for 2024.

Portfolio Pulse from

November 15, 2024 | 3:00 pm

Azul S.A. held its Q3 2024 earnings call, discussing financial performance and future outlook. Key participants included company executives and analysts from major financial institutions.

Portfolio Pulse from

November 14, 2024 | 8:45 pm

AZUL is set to report its Q3 earnings, with expectations of a negative impact due to elevated operating expenses.

Portfolio Pulse from

November 12, 2024 | 2:30 pm

Azul S.A. has secured an agreement with its bondholders for up to $500 million in additional funding, enhancing its liquidity and financial position. The deal includes immediate and future financing, cash flow improvements, and potential debt equitization.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:52 pm

Azul shares rise as the company secures a $150 million investment, with an additional $250 million pending documentation and another $100 million contingent on finalizing negotiations.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:10 pm

Azul, Brazil's largest airline by flights and destinations, has secured significant funding and renegotiated its obligations to expand its fleet and international routes. The company plans a 15% capacity growth for the Brazilian summer and will operate 43,300 flights during the peak season.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 11:37 am

The article reports on the after-market movements of various industrial stocks. Notable gainers include Pixie Dust Technologies with a 217.9% increase, and FGI Industries with a 20.83% rise. Among the losers, Zoomcar Holdings saw an 8.7% decline, and Safe & Green Holdings fell by 7.15%.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 8:31 pm

Azul SA is facing challenges in raising $400 million in fresh debt, which is crucial for meeting a condition in its deal with aircraft lessors. The Brazilian airline is under pressure to secure the funds.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:04 pm

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