Tag Archives: Azul

Azul announces a new international route to Porto, Portugal

Azul Brasil (Azul Linhas Aereas Brasileiras) Airbus A330-243 PR-AIU (msn 494) (Azul Viagens) FLL (Brian McDonough). Image: 931964.

Azul has announced a new nonstop service to Porto, Portugal starting on June 3, 2019.

The new destination will receive three weekly flights from Sao Paulo (Campinas), Azul’s main hub, which will have a total of 17 weekly frequencies to Portugal.

The Portuguese city is the second destination in Europe to receive flights from Azul after Lisbon.

The nonstop flight will be operated on an Airbus A330, with 272 seats. With the addition of this new flight, Campinas, the largest hub in Latin America, will offer nonstop service to 57 destinations, including Orlando, Fort Lauderdale/Hollywood and Lisbon.

In partnership with Aigle Azur, Azul also offers flights to Paris, France.

Top Copyright Photo (all others by the airline): Azul Brasil (Azul Linhas Aereas Brasileiras) Airbus A330-243 PR-AIU (msn 494) (Azul Viagens) FLL (Brian McDonough). Image: 931964.

Azul aircraft slide show:

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Azul and Turkish Airlines enhance cooperation with frequent flyer agreement

Azul and Turkish Airlines have announced the enhancement of their cooperation with a frequent flyer agreement between the two airlines’ loyalty programs. Starting today, members of Azul’s loyalty program TudoAzul and members of Turkish Airlines loyalty program Miles&Smiles will have access to exclusive benefits and the ability to earn and redeem points when flying on each airline. This new frequent flyer agreement builds upon the very successful codeshare agreement between Turkish and Azul that was implemented in December 2017. Via this codeshare agreement customers traveling on a connecting itinerary between the two airlines can enjoy a seamless travel experience and connect to over 100 destinations in Brazil.

“Azul has proven itself to be a critical connecting partner for international airlines that fly into Brazil. With an unparalleled network of over 100 domestic destinations, airlines flying into Brazil can access an unrivalled portfolio of destinations and experiences for their customers when they partner with Azul for their domestic connectivity in Brazil“, says Abhi Shah, Chief Revenue Officer at Azul.

The Director of Marketing for Turkish Airlines, Ahmet Olmustur, also celebrated this new agreement. “We are very happy to amplify our strategic partnership with Azul. This clearly demonstrates that the codeshare we put in last year is working and that our customers are asking for even closer cooperation between our two airlines”, confirmed Olmustur.

The codeshare between Azul and Turkish allows a single ticket to be flown on both airlines the convenience of thru baggage and thru check-in. In this way, customers traveling on Turkish Airlines long-haul flights into Brazil have access to over 100 domestic destinations with the Azul network. At the same time Azul customer leaving Brazil can connect to the Turkish Airlines global network via their long haul flights.

“We are delighted to expand our partnership with Azul” said Ahmet Olmuştur, Turkish Airlines’ Chief Marketing Officer, that was present at the ceremony today. “This signing shows that the codeshare agreement, we made at the end of last year with Azul, was a great success that led up to bring our existing collaboration on a higher level.”

Embraer and Azul sign a Letter of Intent for 21 additional E195-E2 jets

Embraer and Azul Linhas Aéreas Brasileiras S.A. announced today, at the Farnborough AirShow 2018, a Letter of Intent (LOI) for a firm order of 21 E195-E2 jets. This contract has a value of USD 1.4 billion. The order will be added to Embraer’s order book as soon as the firm contract is completed.

This order is additional to an order for 30 E195-E2 jets signed by the airline in 2015, which will raise Azul’s total order to 51 Embraer E2 aircraft. Azul is the launch operator of the E195-E2 and will receive the first aircraft in 2019.

Image: Embraer.

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:

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.

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

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United Airlines and Azul announce a strategic partnership, United to acquire 5% of Azul’s stock

United Airlines (Chicago) and Azul Linhas Aereas Brasileiras (Azul Brazilian Airlines) (Sao Paulo) today (June 26) announced a new strategic partnership in which United will acquire an approximate 5 percent stake in Azul, Brazil’s third-largest airline, paving the way for the carriers to cooperate on a range of customer benefits including codesharing of flights (subject to government approval), expanded connection opportunities on routes between the United States and Brazil, in addition to other points in North and South America, and joint loyalty-program participation.

Through a wholly owned subsidiary, United will invest $100 million for its economic stake in Azul, which includes one seat on Azul’s board of directors.

As a result of the partnership, United and Azul will expand their frequent flyer loyalty agreement.

United-Azul announcement (RDC)(LRW)

Copyright Photo Above: Rodrigo Cozzato/AirlinersGallery.com. The announcement ceremony in Sao Paulo today.

United began serving Brazil in 1992, with flights to both Rio de Janeiro and Sao Paulo. The airline currently operates five daily flights to Brazil from its Chicago (O’Hare), Houston (Bush Intercontinental)Newark and Washington (Dulles) hubs.

Top Copyright Photo: Michael B. Ing/AirlinersGallery.com. United Airlines’ Boeing 777-222 ER N229UA (msn 30557) climbs away from Los Angeles International Airport.

United Airlines aircraft slide show: AG Airline Slide Show

Azul aircraft slide show: AG Airline Slide Show

Bottom Copyright Photo: Marcelo F. De Biasi/AirlinersGallery.com. ATR 727-202 PR-AZS (msn 523) arrives at the Viracopos International Airport (Campinas) base serving the Campinas area near Sao Paulo.