Azul Reports February 2020 Traffic

SÃO PAULO, March 9, 2020 /PRNewswire/ -- Azul S.A., "Azul", (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served and flight departures, announces today its preliminary traffic results for February 2020.

Consolidated passenger traffic (RPKs) increased 25.1% compared to February 2019 on a capacity increase (ASKs) of 25.1%, resulting in a load factor of 81.2%, 0.1 percentage point higher than the same period in 2019. Domestic load factor was 81.6% and international load factor was 79.9%. 

"In February we saw a growth in passenger demand matched by an equal increase in capacity. We ended the month with 40 A320neos family aircraft and four E2s, the key drivers of our margin expansion going forward", said John Rodgerson, CEO of Azul.

In February, Azul was the number one on-time airline in Brazil, with an on-time arrival rate of 87.4% according to FlightStats.


Feb-20

Feb-19

% ∆

YTD 2020

YTD 2019

% ∆

Total







RPK (million)

2,589

2,069

25.1%

5,912

4,643

27.3%

ASK (million)

3,190

2,550

25.1%

7,088

5,632

25.9%

Load factor

81.2%

81.1%

+0.1 p.p.

83.4%

82.4%

+1.0 p.p.

Domestic







RPK (million)

1,955

1,603

21.9%

4,420

3,526

25.4%

ASK (million)

2,397

1,953

22.7%

5,319

4,286

24.1%

Load factor

81.6%

82.1%

-0.5 p.p.

83.1%

82.3%

+0.8 p.p.

International







RPK (million)

633

465

36.1%

1,492

1,118

33.5%

ASK (million)

793

597

32.8%

1,770

1,346

31.5%

Load factor

79.9%

78.0%

+1.9 p.p.

84.3%

83.0%

+1.3 p.p.

 

About Azul

Azul S.A. (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of flight departures and cities served, offers 916 daily flights to 116 destinations. With an operating fleet of 140 aircraft and more than 12,000 crewmembers, the Company has a network of 249 non-stop routes as of December 31, 2019. In 2019, Azul was awarded best airline in Latin America by TripAdvisor Travelers' Choice and also best regional carrier in South America for the ninth consecutive time by Skytrax. Additionally, in 2019, Azul ranked among the top ten most on–time low-cost carriers in the world, according to OAG. For more information visit www.voeazul.com.br/ir.     

Glossary
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.

Contact

Investor Relations
Andrea Bottcher
Tel: +55 11 4831 2880
invest@voeazul.com.br

Media Relations
Tel: +55 11 4831 1245
imprensa@voeazul.com.br

Cision View original content:http://www.prnewswire.com/news-releases/azul-reports-february-2020-traffic-301019733.html

SOURCE Azul S.A.

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