United Airlines increases its economic stake in Azul to 8.0%

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.

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This entry was posted in Azul, United Airlines and tagged Airbus A330-243, Azul, Azul Brasil (Azul Linhas Aereas Brasileiras), Brazilian flag livery, msn 532, PR-AIV, United Airlines on April 27, 2018 by Bruce Drum.

About Bruce Drum

I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.

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