SÃO PAULO, July 10, 2018 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served, announces today its preliminary traffic results for June 2018.
Consolidated passenger traffic (RPKs) increased 21.0% compared to June 2017 on a capacity increase (ASKs) of 24.7%. Load factor was 78.8%, 2.4 percentage points lower than June 2017.
In the 2Q18, load factor was 80.1%, slightly lower than the year before, even with the truckers' strike and the World Cup. Domestic load factor was 77.8% and international was 86.7%.
"We ended the quarter with 15 A320neos, which continue to significantly expand margins in the markets where they are deployed," says John Rodgerson, Azul's CEO. "Although load factor was impacted by non-recurring events including the truckers' strike and the FIFA World Cup, we are expecting a healthy demand environment ahead of us for the second half of this year."
Azul continues to be the most on-time airline in Brazil in the first half of 2018, with 89% of flights departing within 15 minutes of departure time, according to FlightStats.
- 2.1 p.p.
Azul S.A. (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served, offers 780 daily flights to 107 destinations. With an operating fleet of 118 aircraft and more than 10,000 crewmembers, the company has a network of 217 non-stop routes as of June 30, 2018. This year, Azul was awarded best airline in Latin America by TripAdvisor Travelers' Choice and in 2017, the Company was elected best low cost carrier in South America for the seventh consecutive time by Skytrax. Azul also ranked as most on-time airline in Brazil and most on-time low-cost carrier in the Americas in 2017 according to OAG's Punctuality League, the industry's most comprehensive annual ranking of on-time performance. For more information visit www.voeazul.com.br/ir.
Revenue Passenger Kilometers (RPK)
One-fare paying passenger transported one kilometer. RPK is calculated by multiplying the number of revenue passengers by the number of kilometers flown.
Available Seat Kilometers (ASK)
Number of aircraft seats multiplied by the number of kilometers flown.
This traffic release includes estimates and forward-looking statements within the meaning of the U.S. federal securities laws. These estimates and forward-looking statements are based mainly on our current expectations and estimates of future events and trends that affect or will affect our business, financial condition, results of operations, cash flow, liquidity, prospects and the trading price of our preferred shares, including in the form of ADSs. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to many significant risks, uncertainties and assumptions and are made in light of information currently available to us. In addition, in this release, the words "June," "will," "estimate," "anticipate," "intend," "expect," "should" and similar words are intended to identify forward-looking statements. You should not place undue reliance on such statements, which speak only as of the date they were made. Azul is not under the obligation to update publicly or to revise any forward-looking statements after we distribute this press release because of new information, future events or other factors. Our independent public auditors have neither examined nor compiled the forward-looking statements and, accordingly, do not provide any assurance with respect to such statements. In light of the risks and uncertainties described above, the future events and circumstances discussed in this release might not occur and are not guarantees of future performance. Because of these uncertainties, you should not make any investment decision based upon these estimates and forward-looking statements.
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SOURCE Azul Linhas Aéreas