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Azul Brazilian Airlines

From Wikipedia, the free encyclopedia
Brazilian airline
For the Russian airline, seeAzur Air.

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Azul Brazilian Airlines
An Airbus A330neo in Beijing
An Azul Airbus A330neo inBeijing
IATAICAOCall sign
ADAZUAZUL
Founded5 May 2008; 17 years ago (2008-05-05)
AOC #10,123 – 23 December 2022[1]
Hubs
Focus cities
Frequent-flyer programTudoAzul[4]
SubsidiariesAzul Conecta
Fleet size191
Destinations150
Traded asB3AZUL4
NYSEAZUL
HeadquartersBarueri, São Paulo, Brazil[5]
Key people
RevenueIncreaseR$9.97 billion (2021)[7]
Operating incomeIncreaseR$524.9 million (2021)[7]
Net incomeDecreaseR$945.7 million (2021)[7]
Employees12,485
Websitevoeazul.com

Azul Linhas Aéreas Brasileiras S/A (Azul Brazilian Airlines; or simplyAzul) is a Brazilian airline headquartered inBarueri, a suburb ofSão Paulo.[8] The company's business model is to stimulate demand by providing frequent and affordable air service to underserved markets throughout Brazil. The company was named Azul ("Blue" in Portuguese) after a naming contest in 2008, where "Samba" was the other popular name.[9] Azul is apublicly traded company on theBrazilian stock exchange, with theticker AZUL4.[10] It was established on 5 May 2008 by Brazilian-bornDavid Neeleman (founder of American low-cost airlineJetBlue), with a fleet of 76Embraer E195 jets.[11] The airline began service on 15 December 2008.[12][13]

According to the Brazilian Civil Aviation Authority (ANAC), between January and December 2019, Azul had 23.5% of the domestic and 5.0% of the internationalmarket shares in terms of revenue passenger kilometers (RPK),[14] making it the third largest domestic and second largest international airline in Brazil.

History

[edit]
Azul Embraer E190 in Rio de Janeiro
AzulAirbus A330-200 inFort Lauderdale

Foundation and early years

[edit]

Azul Linhas Aéreas Brasileiras S.A. was the fourth airline launched by JetBlue founder David Neeleman (after Morris Air, WestJet and JetBlue). Azul inaugurated services in the Braziliandomestic market on 15 December 2008 between Campinas and 3 cities:Rio de Janeiro,Salvador, andPorto Alegre.[13] It launched operations with threeEmbraer E195 and twoEmbraer E190 aircraft.[citation needed] Another three aircraft were added in January 2009 to introduce nonstop service fromCampinas to bothVitória andCuritiba.[13]

On 28 May 2012, Azul announced the acquisition ofTRIP Linhas Aéreas, the largest regional carrier in Brazil. Azul and Trip started comprehensive code-sharing operations on 2 December 2012,[15] with all flights carrying only the IATA code of Azul. On 6 March 2013, Brazilian authorities gave the final approval for the merger with a few restrictions related to code-sharing withTAM Airlines and slot use atRio de Janeiro–Santos Dumont Airport.[16] On 6 May 2014, the merger process was completed with the final approval from Brazilian authorities. That day the brand TRIP ceased to exist and all TRIP assets were transferred to Azul.[17]

While the airline is not currently a full member in anairline alliance, it signed a codeshare agreement withStar Alliance airlineUnited Airlines in January 2014, which made it possible forMileagePlus members to earn points when flying with Azul beginning 1 April 2014.[18][19] Since 2015, Azul is also an equal partner in a Brazilian–Portuguese joint venture that was the majority owner ofTAP Air Portugal, anotherStar Alliance member, before its buy-out by the Portuguese state.[citation needed]

In December 2014, Azul started its first scheduled international flights, toFort Lauderdale on 2 December andOrlando on 15 December, both in the United States.[20]

Development since 2015

[edit]

In early 2015, it was announced that Azul had signed a purchase agreement for 35Airbus A320neo aircraft. It was also to lease a further 28 of the aircraft type.[21] In mid 2015, Azul finalised a deal for 30Embraer E195-E2 aircraft, including 20 options, first announced at the 2014Farnborough International Air Show. The first delivery was scheduled for 2020.[22]

On 24 November 2015, it was announced that the ChineseHNA Group, owner ofHainan Airlines, would invest US$450 million in Azul, becoming its largest single shareholder.[23] This follows the US$100 million investment ofUnited Airlines closed in June 2015.[24]

Azul signed a nonbinding deal to buyAvianca Brasil's assets on 11 March 2019, calling for the rehiring of all Avianca Brazil's staff and the merger between the two carriers, with Azul as the surviving brand.[25][26][27][28]

On 14 January 2020, Azul Brazilian Airlines signed an agreement to purchaseTwoFlex.[29] On 27 March 2020, the Brazilian regulatory bodies approved the purchase[30] and sale of flights started on 14 April 2020.[31] TwoFlex operates as a feeder airline to Azul.

On May 28, 2025, Azul Brazilian Airlines filed forChapter 11 bankruptcy after being affected with higher expenses within the last year. The company has plans to shed up to $2 billion in debt, receive $1.6 billion in financing throughout the procedure, and an additional $950 million in financing upon exiting bankruptcy, with bondholders and strategic partners such asAmerican Airlines andUnited Airlines supporting the restructuring.[32] Azul stated that they plan to exit bankruptcy in the beginning of 2026.[33]

Corporate affairs

[edit]

The key trends for Azul are (as of the financial year ending 31 December):[34]

Total
revenue
(R$ b)[35]
Net profit
(R$ b)[35]
Number of
employees
(FTE)
Number of
passengers
(m)[a]
Passenger
load factor
(%)
Cities
served[36]
Total
aircraft[b][36]
References
20100.87−0.092,9402827[37]
20111.7−0.104,3294349[37]
20122.7−0.178,914100124[37]
20135.20.029,84819.879.1103137[37]
20145.8−0.0610,50120.479.4106153[37]
20156.2−1.010,53321.779.6102152[37]
20166.6−0.1210,31120.679.7102139[37]
20177.70.4210,87822.082.1104147[38]
20189.0−0.6311,80723.182.3110143[38]
201911.4−2.413,18927.683.5116166[39]
20205.7−10.812,00414.780.0112192[40]
20219.9−4.213,16323.379.2147192[41]
202215.9−0.7214,24727.479.7158212[42]
202318.5−2.316,01729.280.4162209[43]
202419.5−9.116,17330.881.6152220[44]

Destinations

[edit]

In November 2025, Azul and Azul Conecta served 150 destinations in Brazil, Argentina, Curaçao (Netherlands), Paraguay, Portugal, Spain, the United States, and Uruguay plus some other additional locations by means of dedicated executive bus services to the nearest airports.[45][46]

Codeshare agreements

[edit]

Azul hasinterline agreements andcodeshare agreements with the following airlines:[47]

Interline agreements

[edit]

Fleet

[edit]
AzulATR 72-600
Azul Airbus A320 inPorto Alegre
Azul Airbus A350

As of August 2025[update], Azul Brazilian Airlines operates the following aircraft:[58]

Azul Brazilian Airlines fleet
AircraftIn serviceOrdersPassengersNotes
BE+[59]ETotal
Airbus A320neo5130144174
Airbus A321neo[60]642172214[61]
Airbus A330-200520100151271
3548155238
Airbus A330-90075[62][63]3496168298
ATR 72-600403[64]7070
Embraer E1954518100118
Embraer E195-E23538[65][66]20116136
Azul Cargo fleet
Airbus A321-200P2F2[67]Cargo
Total19146

See also

[edit]

Notes

[edit]
  1. ^"Passenger flight segments"
  2. ^Includes aircraft held under finance and operating leases

References

[edit]
  1. ^"Empresas Aéreas - Consulta".ANAC (in Portuguese). Retrieved15 March 2025.
  2. ^ab"Visão Geral".Azul Brazilian Airlines (in Portuguese).Archived from the original on 1 December 2025. Retrieved1 December 2025.
  3. ^"Mapa de rotas".Azul magazine (in Portuguese). Diretoria de Marketing, Comunicação e Marca. December 2018. p. 159. Archived fromthe original on 21 January 2019. Retrieved22 December 2018.
  4. ^"TudoAzul e Itaucard lançam Primeira Compra que dá descontos de até 10% em passagens aéreas".TURISMO SA (in Brazilian Portuguese). 15 October 2020. Retrieved18 October 2020.
  5. ^Azul Brazilian Airlines website[dead link]
  6. ^"Management".
  7. ^abc"2021 Financial Results".Azul IR. 24 February 2021. p. 14. Retrieved20 June 2022.
  8. ^"CONTRATO DE TRANSPORTE AÉREO DE PASSAGEIROSArchived 13 December 2015 at theWayback Machine." Azul Brazilian Airlines. Retrieved on 20 February 2010.
  9. ^Jessie Scanlon (6 May 2008)."Braving Brazil's 'Airline Graveyard'".BusinessWeek. Archived fromthe original on 26 March 2009. Retrieved4 June 2008.
  10. ^"AZUL4 - AÇÕES AZUL: cotação e indicadores".Análise de Ações (in Brazilian Portuguese). Retrieved12 June 2023.
  11. ^"Azul itching to launch low cost services in Brazil". CAPA Centre for Aviation. 18 August 2008. Retrieved30 October 2014.
  12. ^Matos, Marcela; Silvana Pereira (5 November 2008)."Azul Linhas Aéreas Brasileiras recebe o CHETA e já pode pleitear as rotas que pretende operar".Azul Linhas Aéreas Brasileiras (in Portuguese). Archived fromthe original on 7 January 2009.
  13. ^abc"A história da Azul" (in Portuguese). Azul Linhas Aereas Brasileiras.Archived from the original on 12 May 2009. Retrieved16 May 2009.
  14. ^"Relatório demanda e oferta do transporte aéreo".Agência Nacional de Aviação Civil (ANAC) (in Portuguese). Retrieved15 June 2020.
  15. ^"Acordo de codeshare entre Azul e Trip leva cliente a 100 destinos" (in Portuguese). Brasilturis. 20 September 2012. Archived fromthe original on 23 September 2015. Retrieved21 September 2012.
  16. ^Teixeira Alves, Danilo (6 March 2013)."Cade aprova fus da Azul e Trip com condições" (in Portuguese). Panrotas. Retrieved7 March 2013.
  17. ^"Ata da reunião realizada em 6 de maio de 2014"(PDF) (in Portuguese). ANAC. 6 May 2014. Archived fromthe original(PDF) on 14 July 2014. Retrieved28 June 2014.
  18. ^"Azul Earning Miles".United Airlines. Retrieved25 October 2014.
  19. ^"United Airlines & Azul Frequent Flier Partnership (Earn & Redeem Miles On Azul)". John Ollila, LoyaltyLobby. 26 March 2014. Retrieved29 October 2014.
  20. ^"Azul confirma voos para Fort Lauderdale e Orlando" (in Portuguese). Panrotas. 12 August 2014. Retrieved17 August 2014.
  21. ^"Azul Orders A320neos".Airliner World: 12. February 2015.
  22. ^"Azul Signs for E-Jets".Airliner World: 12. July 2015.
  23. ^"HNA Group and Azul Brazilian Airlines Forge Longterm Strategic Partnership". HNA. 24 November 2015. Retrieved25 November 2015.
  24. ^"United Airlines to pay $100 million for Azul stake, for foothold in Brazil". Reuters. 26 June 2015. Retrieved25 November 2015.
  25. ^"Azul buys Avianca". 11 March 2019.
  26. ^"Brazil's Azul hopes to take over Avianca Brasil's planes at lower lease rates".Reuters. 14 March 2019 – via www.reuters.com.
  27. ^Ghim-Lay Yeo."ANALYSIS: Azul expects to close Avianca Brazil deal quickly".Flight Global.
  28. ^Ghim-Lay Yeo."Azul signs nonbinding deal to buy Avianca Brazil assets".Flight Global.
  29. ^"Azul faz acordo para compra da Two Flex por R$ 123 milhões".Panrotas (in Portuguese). 14 January 2020. Retrieved13 April 2020.
  30. ^"CADE aprova a compra da ultra-regional TwoFlex pela Azul".Aeroflap (in Portuguese). 27 March 2020. Retrieved13 April 2020.
  31. ^"Azul inicia venda de voos operados pela TwoFlex".Panrotas (in Portuguese). 13 April 2020. Retrieved13 April 2020.
  32. ^Bellotti Azevedo, Giovanna; Gamarski, Rachel."Brazilian Airline Azul Files for Chapter 11 Bankruptcy Protection in US".Bloomberg.
  33. ^"Brazilian airline Azul aims to exit Chapter 11 in early 2026".Reuters. 30 May 2025. Retrieved30 May 2025.
  34. ^"SEC filings".Azul RI. Retrieved11 November 2023.
  35. ^ab"Azul SA (AZUL) Income Statement & Earnings - Moomoo".www.moomoo.com. Retrieved11 November 2023.
  36. ^ab"Form 20-F - 2022".Azul. p. 105. Retrieved11 November 2023.
  37. ^abcdefg"Form 20-F - 2017"(PDF).Azul. Retrieved11 November 2023.
  38. ^ab"Form 20-F - 2018"(PDF).Azul. Retrieved11 November 2023.
  39. ^"Form 20-F - 2019"(PDF).Azul. Retrieved11 November 2023.
  40. ^"Form 20-F - 2020".Azul. Retrieved11 November 2023.
  41. ^"Form 20-F - 2021".Azul. Retrieved11 November 2023.
  42. ^"Form 20-F - 2022".Azul. Retrieved11 November 2023.
  43. ^"Form 20-F - 2023".Azul. Retrieved1 June 2024.
  44. ^"Form 20-F - 2024". Retrieved25 November 2025.
  45. ^"Azul Linhas Aéreas Brasileiras on ch-aviation".ch-aviation. Retrieved10 February 2025.
  46. ^"Ônibus grátis" (in Portuguese). Azul Brazilian Airlines. Retrieved10 June 2024.
  47. ^"Profile on Azul".CAPA. Centre for Aviation.Archived from the original on 3 November 2016. Retrieved3 November 2016.
  48. ^"Azul Begins Air Canada Codeshare Service From early-August 2023".AeroRoutes. Retrieved27 August 2025.
  49. ^"Air Europa / Azul Begins Codeshare Partnership From mid-August 2025".AeroRoutes. Retrieved27 August 2025.
  50. ^"Azul e Emirates fecham acordo para compartilhamento de voos".CNN Brazil (in Portuguese). 18 August 2021.
  51. ^"ITA Airways announces codeshare agreement with Azul"(PDF).ITA Airways (Press release). 7 June 2022.
  52. ^"Azul - Linhas Aéreas Brasileiras. Você lá em cima". 30 April 2016. Archived fromthe original on 30 April 2016. Retrieved7 January 2017.
  53. ^"Anac autoriza Azul a ter 7 voos semanais para Portugal - 21/03/2016 - Mercado - Folha de S.Paulo". 22 March 2016. Archived fromthe original on 22 March 2016. Retrieved7 January 2017.
  54. ^"United anuncia compra de 5% da Azul por US$ 100 milhões - 26/06/2015 - Mercado - Folha de S.Paulo". 6 September 2015. Archived fromthe original on 6 September 2015. Retrieved7 January 2017.
  55. ^abc"Azul assina acordo de interline com Aerolíneas Argentinas".Melhores Destinos. 10 July 2014. Retrieved7 January 2017.
  56. ^"Air Transat and Azul Linhas Aéreas begin interline partnership".
  57. ^"Azul assina acordo de interline com panamenha Copa Airlines | EXAME.com - Negócios, economia, tecnologia e carreira".exame.abril.com.br. Retrieved7 January 2017.
  58. ^"Global Airline Guide 2025 - Azul Brazilian Airlines".Airliner World: 52. September 2025.
  59. ^https://www.aerolopa.com/ad
  60. ^flightradar24.com
  61. ^"Brazil's Azul adds first A321neo".ch-aviation.
  62. ^"Azul Linhas Aéreas adds three additional A330neo to fleet | Airbus".www.airbus.com. 15 November 2022. Retrieved16 November 2022.
  63. ^"Azul Linhas Aéreas discloses incremental order for four A330neos | Airbus".www.airbus.com. 15 December 2023. Retrieved4 April 2025.
  64. ^"Brazil's Azul orders three ATR72-600s".ch-aviation.com. Retrieved10 June 2023.
  65. ^"Embraer Order Book"(PDF).
  66. ^"Embraer E-Jets Orders and Deliveries"(PDF). Azul. Retrieved27 May 2019.
  67. ^"Brazil's Azul receives first A321 freighter".ch-aviation.com. Retrieved18 October 2024.

External links

[edit]

Media related toAzul Linhas Aéreas Brasileiras at Wikimedia Commons

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