United Airlines increases its economic stake in Azul to 8.0%

Azul's 2014 Brazilian flag livery

Azul S.A. issued this statement:

Today (April 27, 2018), Azul is announcing that current shareholder United Airlines has just concluded a private preferred share transaction with Hainan Airlines. The transaction increased United’s economic stake in Azul from 3.7% to 8.0%.

 

Azul and United today connect via their gateways in Sao Paulo – Guarulhos (GRU), Fort Lauderdale/Hollywood, Florida (FLL) and Orlando, Florida (MCO).

In Brazil connecting customers have access to the largest domestic network in the country, serving more than 100 cities.

Copyright Photo: Azul Brasil (Azul Linhas Aereas Brasileiras) Airbus A330-243 PR-AIV (msn 532) (Brazilian flag livery) FLL (Brian McDonough). Image: 940993.

Azul aircraft slide show:

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