Category Archives: Azul

Azul announces the lease of two Boeing 737-400F freighters

Azul has announced the lease of two used Boeing 737-400F freighters to support the rapid growth of its cargo business unit, Azul Cargo Express. Both aircraft are expected to be delivered during the second half of this year. As a result, Azul Cargo Express will have additional capacity and greater flexibility to provide customized solutions for its growing customer base.

“We have decided to order these freighter planes because we see the need to have some dedicated narrowbody aircraft to support the growth of our cargo business. The 737 is the only narrowbody freighter option in the market and was chosen because of the model’s low ownership cost combined with its superior capacity and unbeatable reliability track record. With these planes, we’ll have greater versatility based on the needs of our clients, and we will also be able to offer new services, such as air charter. With no doubt, these cargo planes will support our fast expansion,” notes Izabel Reis, director of Azul Cargo Express.

The 737-400F can hold up to 20 tons of cargo. With more capacity and higher flexibility, Azul Cargo Express expects to grow revenues by 40% this year, expanding its service offering throughout Brazil. In 2017, Azul’s cargo business registered a 49% revenue growth compared to the previous year.

Advertisements

Azul intends to open flights to up to 35 new cities in the coming years

Azul Linhas Aereas Brasileiras ATR 72-212A (ATR 72-600) PR-ATH (msn 991) VCP (Marcelo F. De Biasi). Image: 908285.

Azul has made this announcement:

The arrival of air service to a city gets the attention of local business people and entrepreneurs; it also sparks the interest of someone planning a holiday or work trip, and consequently supports and boosts the local economy. With this vision, Azul plans to expand its network by up to 35 new cities in the coming years in various regions of Brazil, as well as to select international destinations.

On March 24, the company debuted its newest destinations: Rosario and Cordoba, both in Argentina.

The list of potential new cities also includes Santa Cruz de la Sierra, Caruaru, Mossoró, Serra Talhada, Guarapuava, Toledo, Umuarama, Pato Branco, among others.

The vast majority of the markets will be served with ATR 72-600 aircraft (top), which have capacity for up to 70 passengers and are best suited for short-haul flights. The Company’s guidance for 2018 already contemplates the addition of eight to ten new destinations, representing less than 5% of the capacity growth expected for this year.

Jaguaruna, for example, a city where the company began operations at the end of 2016, has already reached the milestone of nearly 90,000 passengers flown in just over one year. The gradual growth of the base is directly related to Azul’s connectivity and to the company’s extensive network, the largest in the country, which allows passengers to travel to over 100 destinations in Brazil and abroad. Through our codeshare flights with our partners, customers can also travel anywhere in the world by connecting through the United States and Portugal.

Copyright Photo: Azul Linhas Aereas Brasileiras ATR 72-212A (ATR 72-600) PR-ATH (msn 991) VCP (Marcelo F. De Biasi). Image: 908285.

Azul aircraft slide show:

Correios (Brazil’s Postal Service) and Azul to operate Boeing 737-400F freighters

Azul Brazilian Airlines and Correios (Brazil’s Postal Service) in December 2017 signed a memorandum of understanding (MOU) for the creation of a private integrated logistics solutions company with a new business model, to contribute significantly to Brazil’s growth.

The new company will have a 50.01% ownership stake of Azul and 49.99% of Correios, and will offer integrated logistics services for cargo transportation, willing to become the best logistics platform for e-commerce in the country.

With the existing demand already served by Azul and Correios, the new company will handle roughly 100 thousand tons of cargo per year. Both companies will have cost savings, operating efficiency and revenue gains, improving the service offer to the consumer.

The memorandum of understanding will be submitted to the Brazilian authorities and appropriate government bodies for approval. Only after their consent, the new company will be established and its activities are expected to begin in the first half of 2018.

The entity is expected to operate Boeing 737-400F freighters. It is now recruiting pilots.

HNA Group to buy a 23.7% share of Azul for $450 million

Named "Anjo Azul" (Blue Angel)

Azul Brazilian Airlines (Sao Paulo) has issued this statement concerning an investment by the HNA Group:

Azul logo

Countering the headwinds of the current Brazilian economic crisis, Azul Brazilian Airlines announces today an important milestone that positions it as an even stronger and more competitive airline. The Chinese international conglomerate HNA Group has selected Azul as its primary strategic investment in Latin America.

In one of the largest equity investments in a Brazilian company this year, Azul received a firm commitment from HNA Group, subject to completion of certain conditions precedent, for the investment of $450 million (US) in exchange for an economic stake of 23.7%. As a result, HNA Group will be Azul’s newest shareholder and board member. With this equity raise, Azul will have one of the strongest balance sheets in Latin America.

Over the past 20 years, HNA Group has successfully transformed itself from a traditional aviation company to a global conglomerate spanning the aviation, real estate, finance, tourism, and logistics sectors, with revenues of $21 billion and over 110 thousand employees.

HNA Group has a solid experience with aircraft lessors and has recently invested in Swissport, a renowned global aviation handling company. Within its aviation group, HNA owns 14 airlines with a total fleet of 561 aircraft.

According to David Neeleman, CEO of Azul, the Chinese group saw in Azul a solid investment with high growth potential. “The investment of $450 million investment, considering Brazil’s current macroeconomic situation, demonstrates that we have a winning business model and that the HNA Group, as a large investor, has absolute confidence in Azul’s team. Moreover, this investment makes Azul the airline with the highest valuation in the Brazilian market, at US$ 1.9 billion.”

“HNA Group is committed to expanding in the airline industry through strategic investments in companies with strong market positions and excellent management teams. We are pleased to partner with Azul in order to bring more choice and convenience to our customers traveling to and from Brazil. We eagerly look forward to working with Azul founder David Neeleman and his team for the mutual benefit of both airlines,” said Adam Tan, President of HNA Group.

This investment will bring significant benefits to Azul including a stronger cash position, support for its fleet plan, product and service improvements. Moreover, the partnership between Azul and HNA Group will result in commercial agreements, joint negotiation efforts, and adjustments in aircraft allocation. Finally, it also enables the company’s entry into the Asian market.

Seabury Securities LLC, Seabury Group’s investment banking unit, served as financial advisor to Azul.

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Azul is smiling. Azul Brazilian Airlines (Azul Linhas Aereas Brasileiras) Embraer ERJ 190-200 IGW (ERJ 195) PR-AUB (msn 19000660) arrives at Sao Paulo (Guarulhos).

Azul aircraft slide show: AG Airline Slide Show

AG Unique holiday aviation gifts

Azul launches a new route from Belo Horizonte to Orlando

Azul's 2015 "Azul Viagens" special livery

Azul Brazilian Airlines, Brazil’s largest airline by cities served, yesterday (November 16) added a new daily flight from Orlando International to Belo Horizonte, Brazil, the first-ever nonstop flight on the route. Belo Horizonte is Azul’s second hub destination, where Orlando travelers will be able to connect to more than 100 destinations. The company also operates daily flights from Fort Lauderdale/Hollywood and Orlando to São Paulo. Azul Cargo services are available in all international flights.

The new daily service will depart Orlando (MCO) at 6 pm (1800), arriving in Belo Horizonte at 5:32 am (0532) the following morning. The return flight will depart Belo Horizonte at 10:18 am (1018), arriving at MCO at 4:15 pm (1615).

Copyright Photo: Andy Cripps/AirlinersGallery.com. Airbus A330-243 PR-AIU (msn 494) in the special Azul Viagens livery departs from Fort Lauderdale-Hollywood International Airport (FLL).

Azul aircraft slide show: AG Airline Slide Show

AG Prints-6 Sizes and 4 Finishes

Azul to start the Sao Paulo Guarulhos – Orlando route

Azul Linhas Aereas Brasileiras (Campinas-Viracopos) is adding another route to Orlando. The carrier will launch a new daily route connecting Sao Paulo (Guarulhos) and Orlando starting on December 15.

This is in addition to the Belo Horizonte – Orlando route due to start on November 16.

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Airbus A330-243 PR-AIW (msn 462) lands at Campinas-Viracopos (VCP).

Azul aircraft slide show: AG Airline Slide Show

AG A new gallery added