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Who are Azul customers?

Azul customers include 36% of the Fortune 100, 50% of Forbes top-10 World’s Most Valuable Brands, all 10 of the world’s top-10 financial trading companies and leading brands like Avaya, Bazaarvoice, BMW, Credit Suisse, Deutsche Telekom, LG, Mastercard, Mizuho, Priceline, Salesforce, Software AG, and Workday.

Why did Azul's consolidated traffic increase in Q1 2024?

However, the company is grappling with weak liquidity and elevated labor costs. Driven by an uptick in air travel demand, AZUL's consolidated traffic, measured in revenue passenger kilometers, has been significantly rising. As a result, available seat kilometers (a measure of capacity) increased by 2.6% year over year in the first quarter of 2024.

Why is Azul focusing on the Asia Pacific region?

"The Asia Pacific region has long been a strategic focus for Azul, offering immense growth potential, and this past year has been no different," said Dean Vaughan, vice president of APAC at Azul. "Across the region, enterprises are grappling with spiraling cloud costs and growing frustration over Oracle's Java pricing.

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