Azul Brazilian Airlines Explained

Airline:Azul Brazilian Airlines
Iata:AD
Icao:AZU
Callsign:AZUL
Aoc:10,12323 December 2022[1]
Hubs:[2]
Headquarters:Barueri, São Paulo, Brazil[3]
Frequent Flyer:TudoAzul
Revenue: (2021)[4]
Operating Income: (2021)
Net Income: (2021)
Traded As:
Subsidiaries:Azul Conecta
Fleet Size:166
Destinations:159
Key People:
Num Employees:12,485

Azul Linhas Aéreas Brasileiras S/A (Azul Brazilian Airlines; or simply Azul) is a Brazilian airline headquartered in Barueri, a suburb of São Paulo.[7] 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.[8] Azul is a publicly traded company on the Brazilian stock exchange, with the ticker AZUL4.[9] It was established on 5 May 2008 by Brazilian-born David Neeleman (founder of American low-cost airline JetBlue), with a fleet of 76 Embraer 195 jets.[10] The airline began service on 15 December 2008.[11]

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 international market shares in terms of revenue passenger kilometers (RPK),[12] making it the third largest domestic and second largest international airline in Brazil.

History

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 Brazilian domestic market on 15 December 2008 between Campinas and 3 cities: Rio de Janeiro, Salvador, and Porto Alegre.[13] It launched operations with three Embraer 195 and two Embraer 190 aircraft. Another three aircraft were added in January 2009 to introduce nonstop service from Campinas to both Vitória and Curitiba.[13]

On 28 May 2012, Azul announced the acquisition of TRIP Linhas Aéreas, the largest regional carrier in Brazil. Azul and Trip started comprehensive code-sharing operations on 2 December 2012,[14] 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 with TAM Airlines and slot use at Rio de Janeiro–Santos Dumont Airport.[15] 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.[16]

While the airline is not currently a full member in an airline alliance, it signed a codeshare agreement with Star Alliance airline United Airlines in January 2014, which made it possible for MileagePlus members to earn points when flying with Azul beginning 1 April 2014.[17] [18] Since 2015, Azul is also an equal partner in a Brazilian–Portuguese joint venture that was the majority owner of TAP Air Portugal, another Star Alliance member, before its buy-out by the Portuguese state.

In December 2014, Azul started its first scheduled international flights, to Fort Lauderdale on 2 December and Orlando on 15 December, both in the United States.[19]

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

On 24 November 2015, it was announced that the Chinese HNA Group, owner of Hainan Airlines, would invest US$450 million in Azul, becoming its largest single shareholder.[22] This follows the US$100 million investment of United Airlines closed in June 2015.[23]

Azul signed a nonbinding deal to buy Avianca 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.[24] [25] [26] [27]

On 14 January 2020, Azul Brazilian Airlines signed an agreement to purchase TwoFlex.[28] On 27 March 2020, the Brazilian regulatory bodies approved the purchase[29] and sale of flights started on 14 April 2020.[30] TwoFlex operates as a feeder airline to Azul.

Corporate affairs

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

Total
revenue
(R$ b)[32]
Net profit
(R$ b)
Number of
employees
(FTE)
Number of
passengers
(m)
Passenger
load factor
(%)
Cities
served[33]
Total
aircraft
References
20100.87−0.092,9402827[34]
20111.7−0.104,3294349
20122.7−0.178,914100124
20135.20.029,84819.879.1103137
20145.8−0.0610,50120.479.4106153
20156.2−1.010,53321.779.6102152
20166.6−0.1210,31120.679.7102139
20177.70.4210,87822.082.1104147[35]
20189.0−0.6311,80723.182.3110143
201911.4−2.413,18927.683.5116166[36]
20205.7−10.812,00414.780.0112192[37]
20219.9−4.213,16323.379.2147192[38]
202215.9−0.7214,24727.479.7158212[39]
202318.5−2.316,01729.280.4162209[40]

Destinations

In July 2024, Azul and Azul Conecta served 159 destinations in Brazil, Argentina, Curaçao (Netherlands), France, Portugal, the United States, and Uruguay plus some other additional locations by means of dedicated executive bus services to the nearest airports.[41] [42]

Codeshare agreements

Azul has interline agreements and codeshare agreements with the following airlines:[43]

Codeshare agreement

Interline agreement

Fleet

Current

The Azul Brazilian Airlines fleet consists of the following aircraft, :[51] [52]

Azul Brazilian Airlines Fleet
AircraftIn serviceOrdersPassengersNotes
BEETotal
Airbus A320neo487 - - 174174
Airbus A321neo65 - - 214214[53]
Airbus A330-2004227 - 2222492 sold to Brazilian Air Force to be converted as Airbus A330 MRTT.[54] [55] [56]
One aircraft to be leased from Avianca.
Airbus A330-90057[57] 34 - 264298[58]
ATR 72-600403 - - 7070
Embraer E19543[59] - - - 118118
Embraer E195-E21758[60] [61] - - 136136
Azul Cargo fleet
Boeing 737-400SF2[62] - Cargo
Total16664

The airline also operates 2 Pilatus PC-12/45 for logistics and maintenance support.

Loyalty program

TudoAzul is the frequent flyer program for Azul.[63] Members accumulate points based on the airfare paid rather than on miles flown.

See also

External links

Notes and References

  1. Web site: Empresas Aéreas - Consulta. ANAC. 12 May 2023. pt.
  2. December 2018 . Mapa de rotas . pt . Azul magazine . Diretoria de Marketing, Comunicação e Marca . 22 December 2018 . 159 . https://web.archive.org/web/20190121130808/http://www.azulmagazinedigital.com.br/edicao-68/ . 21 January 2019 . dead .
  3. https://www.voeazul.com.br/br/pt/home Azul Brazilian Airlines website
  4. Web site: 2021 Financial Results . 24 February 2021 . 20 June 2022 . Azul IR . 14.
  5. Web site: Management.
  6. Web site: Azul Linhas Aéreas tem um novo Presidente: Abhi Shah . 5 October 2022 .
  7. "CONTRATO DE TRANSPORTE AÉREO DE PASSAGEIROS ." Azul Brazilian Airlines. Retrieved on 20 February 2010.
  8. Web site: Braving Brazil's 'Airline Graveyard' . 4 June 2008 . Jessie Scanlon . 6 May 2008 . BusinessWeek . dead . https://web.archive.org/web/20090326192409/http://www.businessweek.com/innovate/content/may2008/id2008056_561046.htm?chan=innovation_branding_other+innovation+and+design+stories . 26 March 2009 .
  9. Web site: AZUL4 - AÇÕES AZUL: cotação e indicadores . 2023-06-12 . Análise de Ações . pt-BR.
  10. Web site: Azul itching to launch low cost services in Brazil. 18 August 2008. 30 October 2014. CAPA Centre for Aviation.
  11. Web site: Azul Linhas Aéreas Brasileiras recebe o CHETA e já pode pleitear as rotas que pretende operar . Matos . Marcela . Silvana Pereira . 5 November 2008 . Azul Linhas Aéreas Brasileiras . pt . dead . https://web.archive.org/web/20090107053035/http://www.voceescolhe.com.br/imprensa/pop_release16.aspx . 7 January 2009 .
  12. Web site: Relatório demanda e oferta do transporte aéreo . 15 June 2020 . Agência Nacional de Aviação Civil (ANAC) . pt.
  13. Web site: A história da Azul. Azul Linhas Aereas Brasileiras. pt. 16 May 2009. https://web.archive.org/web/20090512224626/http://voeazul.com.br/aspx/nossaHistoria.aspx. 12 May 2009 . live.
  14. Web site: Acordo de codeshare entre Azul e Trip leva cliente a 100 destinos . Brasilturis . 20 September 2012 . 21 September 2012 . pt . 23 September 2015 . https://web.archive.org/web/20150923194344/http://www.brasilturis.com.br/noticias.php?id=4833&noticia=acordo-de-codeshare-entre-azul-e-trip-leva-cliente . dead .
  15. Web site: Cade aprova fus da Azul e Trip com condições . Panrotas . 6 March 2013 . 7 March 2013 . pt . Danilo . Teixeira Alves.
  16. Web site: Ata da reunião realizada em 6 de maio de 2014 . ANAC . 6 May 2014 . 28 June 2014 . pt . 14 July 2014 . https://web.archive.org/web/20140714152559/http://www2.anac.gov.br/transparencia/PautaDiretoria/2014/Ata060514.pdf . dead .
  17. Web site: Azul Earning Miles . 25 October 2014 . United Airlines.
  18. Web site: United Airlines & Azul Frequent Flier Partnership (Earn & Redeem Miles On Azul) . 26 March 2014 . 29 October 2014 . John Ollila, LoyaltyLobby.
  19. Web site: Azul confirma voos para Fort Lauderdale e Orlando . Panrotas . 12 August 2014 . 17 August 2014 . pt.
  20. Azul Orders A320neos. Airliner World. February 2015. 12.
  21. Azul Signs for E-Jets. Airliner World. July 2015. 12.
  22. Web site: HNA Group and Azul Brazilian Airlines Forge Longterm Strategic Partnership . HNA . 24 November 2015 . 25 November 2015.
  23. Web site: United Airlines to pay $100 million for Azul stake, for foothold in Brazil . Reuters . 26 June 2015 . 25 November 2015.
  24. Web site: Azul buys Avianca . 11 March 2019.
  25. News: Brazil's Azul hopes to take over Avianca Brasil's planes at lower lease rates. Reuters. 14 March 2019. www.reuters.com.
  26. Web site: ANALYSIS: Azul expects to close Avianca Brazil deal quickly. Ghim-Lay. Yeo2019-03-14T18:37:00+00:00. Flight Global.
  27. Web site: Azul signs nonbinding deal to buy Avianca Brazil assets. Ghim-Lay. Yeo2019-03-11T12:40:25+00:00. Flight Global.
  28. Web site: Azul faz acordo para compra da Two Flex por R$ 123 milhões. Panrotas. 14 January 2020. 13 April 2020. pt.
  29. Web site: CADE aprova a compra da ultra-regional TwoFlex pela Azul. Aeroflap. 27 March 2020. 13 April 2020. pt.
  30. Web site: Azul inicia venda de voos operados pela TwoFlex. Panrotas. 13 April 2020. 13 April 2020. pt.
  31. Web site: SEC filings . 2023-11-11 . Azul RI . en-US.
  32. Web site: Azul SA (AZUL) Income Statement & Earnings - Moomoo . 2023-11-11 . www.moomoo.com . en.
  33. Web site: Form 20-F - 2022 . November 11, 2023 . Azul . 105.
  34. Web site: Form 20-F - 2017 . November 11, 2023 . Azul.
  35. Web site: Form 20-F - 2018 . November 11, 2023 . Azul.
  36. Web site: Form 20-F - 2019 . November 11, 2023 . Azul.
  37. Web site: Form 20-F - 2020 . November 11, 2023 . Azul.
  38. Web site: Form 20-F - 2021 . November 11, 2023 . Azul.
  39. Web site: Form 20-F - 2022 . November 11, 2023 . Azul.
  40. Web site: Form 20-F - 2023 . 1 June 2024 . Azul.
  41. Web site: Azul Linhas Aéreas Brasileiras on ch-aviation. 10 March 2024. ch-aviation.
  42. Web site: Ônibus grátis. Azul Brazilian Airlines. 10 June 2024. pt.
  43. Web site: Profile on Azul . CAPA. Centre for Aviation. 3 November 2016. https://web.archive.org/web/20161103195939/http://centreforaviation.com/profiles/airlines/azul-ad . 3 November 2016. live.
  44. Web site: Azul e Emirates fecham acordo para compartilhamento de voos. 18 August 2021. CNN Brazil. pt.
  45. ITA Airways announces codeshare agreement with Azul. 7 June 2022. ITA Airways.
  46. Web site: Azul - Linhas Aéreas Brasileiras. Você lá em cima.. https://web.archive.org/web/20160430203941/http://www.voeazul.com.br/imprensa/releases/azul-linhas-aereas-e-jetblue-airways-firmam-acordo-de-codeshare-1383357636282. dead. 30 April 2016. 30 April 2016. 7 January 2017.
  47. Web site: Anac autoriza Azul a ter 7 voos semanais para Portugal - 21/03/2016 - Mercado - Folha de S.Paulo. https://web.archive.org/web/20160322004312/http://www1.folha.uol.com.br/mercado/2016/03/1752265-anac-aloca-sete-frequencias-semanais-para-azul-voar-para-portugal.shtml. dead. 22 March 2016. 22 March 2016. 7 January 2017.
  48. Web site: United anuncia compra de 5% da Azul por US$ 100 milhões - 26/06/2015 - Mercado - Folha de S.Paulo. https://web.archive.org/web/20150906073328/http://www1.folha.uol.com.br/mercado/2015/06/1648178-united-airlines-anuncia-compra-de-5-da-azul-por-us-100-milhoes.shtml. dead. 6 September 2015. 6 September 2015. 7 January 2017.
  49. Web site: Azul assina acordo de interline com Aerolíneas Argentinas. denis. www.melhoresdestinos.com.br. 7 January 2017.
  50. Web site: Azul assina acordo de interline com panamenha Copa Airlines EXAME.com - Negócios, economia, tecnologia e carreira. exame.abril.com.br. 7 January 2017.
  51. Web site: Airbus Orders & Deliveries. Airbus. November 2021. https://web.archive.org/web/20211217182246/https://www.airbus.com/sites/g/files/jlcbta136/files/2021-12/ODs-November-2021-Airbus-Commercial-Aircraft.xlsx. 17 December 2021. live.
  52. Web site: Brazilian Aircraft Registry (RAB) Inquiry . Agência Nacional de Aviação Civil (ANAC) . 10 October 2023.
  53. Web site: Brazil's Azul adds first A321neo. ch-aviation.
  54. Web site: Brazilian Air Force to buy Azul A330s for $80.6mn. Ch-Aviation. 13 April 2022.
  55. Web site: Segundo Airbus KC-30 da FAB chega ao Brasil. www.aeroflap.com.br. 25 October 2022. 8 December 2022.
  56. Web site: Aircraft configuration. International flights. Azul Brazilian Airlines. 6 December 2018.
  57. Web site: 19 December 2023. Brazil's Azul orders four A330neo, confirms A350 phase-out. ch-aviation.com. en.
  58. Web site: 15 November 2022 . Azul Linhas Aéreas adds three additional A330neo to fleet Airbus . 16 November 2022 . www.airbus.com . en.
  59. Web site: Azul Linhas Aereas Fleet of E190 (Active) Airfleets aviation. www.airfleets.net. 23 January 2020.
  60. Web site: Embraer Order Book.
  61. Web site: Embraer E-Jets Orders and Deliveries. Azul. 27 May 2019.
  62. Web site: Azul Linhas Aereas Fleet of B737 (Active) Airfleets aviation. www.airfleets.net. 27 May 2022.
  63. Web site: 15 October 2020. TudoAzul e Itaucard lançam Primeira Compra que dá descontos de até 10% em passagens aéreas. 18 October 2020. TURISMO SA. pt-br.