Azul Brazilian Airlines

Azul Linhas Aéreas Brasileiras S/A (Azul Brazilian Airlines; or simply Azul) is a Brazilian airline headquartered in Barueri, a suburb of São Paulo.

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. Azul is a publicly traded company on the Brazilian stock exchange, with the ticker AZUL4. 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. The airline began service on 15 December 2008.

Azul Brazilian Airlines
Azul Brazilian Airlines
IATA ICAO Callsign
AD AZU AZUL
Founded2008; 16 years ago (2008)
AOC #10,123 – 23 December 2022
Hubs
Frequent-flyer programTudoAzul
SubsidiariesAzul Conecta
Fleet size167
Destinations161
Traded asB3: AZUL4
NYSEAZUL
HeadquartersBarueri, São Paulo, Brazil
Key people
RevenueIncrease R$9.97 billion (2021)
Operating incomeIncrease R$524.9 million (2021)
Net incomeDecrease R$945.7 million (2021)
Employees12,485
Websitevoeazul.com

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), 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. It launched operations with three Embraer 195 and two Embraer 190 aircraft.[citation needed] Another three aircraft were added in January 2009 to introduce nonstop service from Campinas to both Vitória and Curitiba.

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, 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. 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.

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. 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.[citation needed]

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.

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. 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.

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. This follows the US$100 million investment of United Airlines closed in June 2015.

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.

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

Corporate affairs

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

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Total revenue (R$ b) 0.87 1.7 2.7 5.2 5.8 6.2 6.6 7.7 9.0 11.4 5.7 9.9 15.9
Net profit (R$ b) −0.09 −0.10 −0.17 0.02 −0.06 −1.0 −0.12 0.42 −0.63 −2.4 −10.8 −4.2 −0.72
Number of employees (FTE) 2,940 4,329 8,914 9,848 10,501 10,533 10,311 10,878 11,807 13,189 12,004 13,163 14,247
Number of passengers (m) 19.8 20.4 21.7 20.6 22.0 23.1 27.6 14.7 23.3 27.4
Passenger load factor (%) 79.1 79.4 79.6 79.7 82.1 82.3 83.5 80.0 79.2 79.7
Cities served 28 43 100 103 106 102 102 104 110 116 112 147 158
Total aircraft 27 49 124 137 153 152 139 147 143 166 192 192 212
References

Destinations

In March 2024, Azul and Azul Conecta served 161 destinations in Brazil, 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.

Codeshare agreements

Azul has interline agreements and codeshare agreements with the following airlines:

Codeshare agreement

Interline agreement

Fleet

Current

Azul Brazilian Airlines 
Azul's Airbus A330-900 at Beijing Capital International Airport

The Azul Brazilian Airlines fleet consists of the following aircraft, as of October 2023:

Azul Brazilian Airlines Fleet
Aircraft In service Orders Passengers Notes
B E E Total
Airbus A320neo 48 7 174 174
Airbus A321neo 6 5 214 214
Airbus A330-200 4 2 27 222 249 2 sold to Brazilian Air Force to be converted as Airbus A330 MRTT. Two aircraft to be leased from Avianca.
Airbus A330-900 5 7 34 264 298
ATR 72-600 40 3 70 70
Embraer E195 43 118 118
Embraer E195-E2 17 58 136 136
Azul Cargo fleet
Boeing 737-400SF 2 Cargo
Total 166 64

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

Loyalty program

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

See also

Notes

References

Azul Brazilian Airlines  Media related to Azul Linhas Aéreas Brasileiras at Wiki Commons

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