On Nov. 14, 2024, Azul S.A. (AZUL) reported lower-than-expected third-quarter 2024 results, wherein the company’s bottom line and top line lagged the Zacks Consensus Estimate.Adding to the bearishness, Azul has lowered its 2024 capacity expectation. The company now expects its full-year capacity to increase by almost 6% (prior view: up 7%) from 2023. The change in expectation of capacity growth is due to the reduction in AZUL’s domestic capacity due to the devastating floods in Rio Grande do Sul, the tempor ...

Azul S.A. (AZUL) incurred a loss of 32 cents per share in the third quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 10 cents.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Total revenues of $925.1 million lagged the Zacks Consensus Estimate of $953.2 million. AZUL’s third-quarter 2024 revenues benefit from a healthy demand environment and robust ancillary revenues.With more people taking to the skies, Azul’s passenger revenues, contributing 92.8% to the top line, ...

财务数据和关键指标变化 - 2024年第三季度营收达51亿巴西雷亚尔（BRL5.1 billion）创历史新高[13] - 2024年第三季度每可用座公里收入（RASK）为42.87巴西雷亚尔（BRL42.87）创纪录[13] - 2024年第三季度运营收入超10亿巴西雷亚尔（BRL1 billion）创纪录[13] - 2024年第三季度息税折旧摊销前利润（EBITDA）达17亿巴西雷亚尔（BRL1.7 billion）创纪录[13] - 2024年第三季度相比2019年第三季度营收高69% EBITDA高77% EBITDA利润率高1.4个百分点[11] - 2024年第三季度产生17亿巴西雷亚尔（BRL1.7 billion）的EBITDA并摊销超1亿巴西雷亚尔（BRL100 million）债务期末流动性持平[20] - 2024年支付约6亿巴西雷亚尔（BRL600 million）利息费用[21] - 2025年预计息税折旧摊销前利润（EBITDA）达74亿巴西雷亚尔（BRL7.4 billion）[23] - 2025年预计自由现金流为10亿巴西雷亚尔（BRL1 billion）[45] 各条业务线数据和关键指标变化 - 2024年第三季度客运业务单元收入占比76%[62] - 2024年第三季度度假业务单元收入增长30%[62] - 2024年第三季度忠诚度业务单元收入增长30%[62] - 2024年第三季度包机业务单元收入增长90%[62] 各个市场数据和关键指标变化 - 巴西货币贬值对公司有影响如2024年初至今贬值18%自2019年以来贬值近50%[24] - 南里奥格兰德州洪水影响公司国内收入（占国内收入10%）[24] - 原始设备制造商（OEM）相关问题影响公司网络和现金产生仅2024年超10亿巴西雷亚尔（BRL1 billion）[25] - 当地资本市场冻结限制公司筹集本地资本能力[26] 公司战略和发展方向和行业竞争 - 与租赁商和原始设备制造商（OEM）合作伙伴就股权结构达成协议消除31亿巴西雷亚尔（BRL3.1 billion）债务[27][30] - 与债券持有人加强合作筹集新资本改善现金流降低杠杆[27] - 巴西政府签署法案允许国家民用航空基金（FNAC）为巴西航空公司提供贷款[28] - 公司通过Elevate计划在人员配置等多方面提升效率[16][17] - 公司将继续进行机队转型2025年有更多E2飞机交付[48] - 公司各业务单元继续保持高增长高利润率[48] - 公司凭借独家网络和独特机队灵活性保持竞争力[49] 管理层对经营环境和未来前景的评论 - 尽管面临机队发动机移除供应链等问题但公司员工表现出色[8] - 公司业务具有竞争力如差异化网络和机队灵活性[9] - 公司具有最低单位成本[9] - 尽管面临货币和燃油逆风但公司2024年相比2019年仍扩大了运营和EBITDA利润率[19] - 2025年前景乐观预计EBITDA达74亿巴西雷亚尔（BRL7.4 billion）[23] - 公司通过一系列交易改善财务状况如减少债务54亿巴西雷亚尔（BRL5.4 billion）降低杠杆[37] - 公司将成为持续产生现金的航空公司[45] 其他重要信息 - 阿雷格里港机场自5月第一周关闭10月21日部分重新开放[15] - 公司2024年第三季度未受阿雷格里港机场影响（因机场10月前关闭）[15] - 展望2025年夏季旺季公司对营收表现有信心[16] 问答环节所有的提问和回答 问题: 宽体机和E2飞机2024年底和2025年的预期交付情况是否有延迟以及2025年指导中容量增长假设是多少 - 2024年已接收4架宽体机2025年第四季度（可能年末）接收下一批A330neos宽体机2024年有10架E2飞机交付2025年预计12 - 15架E2飞机（可能部分延至2026年1月）2025年容量增长约10%国内低个位数增长国际更高增长[51] 问题: 8.07亿美元债务转股权相关的潜在股份情况 - 交易可能在2025年第一季度（希望1月）完成分阶段转股比例不同且部分基于当时股价和公司价值[53][54] 问题: 2025年指导是否反映当前工作完成情况和外汇环境以及当前需求环境和定价情况 - 2025年EBITDA指导不依赖交易主要不确定因素是外汇和石油外汇和石油预测有常规方法涉及杠杆利息费用和现金产生时假设完成第三阶段且有信心成功需求方面不假设与当前情况有太大差异国际网络按现有飞行情况国内是E2飞机占据E1市场各业务单元增长且多元化[60][61][62] 问题: 本季度外汇贬值对现金影响有多少被更高票价抵消以及对2024年第四季度和2025年票价预期 - 预计2024年第三季度到第四季度稳步改善第四季度季节性更好长期能100%恢复外汇和燃油影响目前可能恢复60 - 80%且2024年第二季度到第三季度RASK有12%改善2024年第四季度包含阿雷格里港机场且行业需要更高票价以应对宏观情况[65][66] 问题: 薪资和其他费用两项成本线相关情况如薪资减少是否可持续其他费用是否会回到新冠前水平 - 薪资方面公司需要提高生产力目前生产力可持续且可继续提升机队转型等有助于提升其他费用包含多项较难预测但2025年EBITDA包含相关因素[70]

AZUL (AZUL) is scheduled to report third-quarter 2024 results on Nov. 14, before market open.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.AZUL has a discouraging earnings surprise history, having missed the Zacks Consensus Estimate in each of the trailing four quarters. The average miss is 62.86%.The Zacks Consensus Estimate of a loss in the soon-to-be-reported quarter is currently pegged at 14 cents per share, compared with a loss of 4 cents 30 days ago. Meanwhile, the Zacks Conse ...

After being affected by several external factors, such as exchange rate fluctuations and challenges in the global aviation supply chain, Azul announces the completion of negotiations with aircraft lessors and the signing of a support agreement with its main creditors, establishing an enhanced financial position and unlocking further growth. SÃO PAULO, Oct. 28, 2024 /PRNewswire/ -- Azul, Brazil's largest airline by number of flights and destinations, today announces the completion of agreements with its airc ...

A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDO, Fla., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Azul Beach Resort Negril invites families to experience a perfect Caribbean getaway. Nestled along the world-renowned Seven Mile Beach in Jamaica, this all-inclusive resort offers spacious accommodations, friendly service, and unforgettable experiences for travelers of all ages. Savor Delectable Delights: Indulge in the Karisma Gourmet Inclusive® Experience, offering authen ...

AZUL’s (AZUL) financial stability is challenged by escalated operating expenses and weak liquidity. Elevated labor costs are putting a strain on the company’s bottom line, making it an unattractive choice for investors’ portfolios.Let’s delve deeper.AZUL: Risks to WatchSouthward Earnings Estimate Revision:The Zacks Consensus Estimate for current-quarter earnings has been revised 70% downward in the past 60 days. For the current year, the consensus mark for earnings has moved 35% south in the same time frame ...

Max Resource Reports Results Including: 1.8% Copper and 7.2 g/t Silver over 48.0m on AM-13 at Its Sierra Azul Project, ColombiaAugust 20, 2024 8:00 AM EDT | Source: MAX Resource Corp.Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce assay results from 10 continuous channel samples collected at the recently discovered AM-13 target on its Sierra Azul Copper-Silver Project ...

SÃO PAULO and CARLSBAD, Calif., Aug. 20, 2024 /PRNewswire/ -- Azul, the largest airline in Brazil by number of departures and cities served, and Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that seven aircraft in Azul's new Airbus A330-900neo fleet will be equipped with Viasat's trusted Ka-band in-flight connectivity solution, with the first aircraft scheduled to enter service next year.Consistent with the in-flight Wi-Fi offering on Azul's other aircraft types eq ...

文章核心观点 - 亚祖航空公司在2024年第二季度亏损1.23美元/股,超过市场预期的0.76美元/股亏损 [1] - 公司总收入为8.007亿美元,超过市场预期,但同比下降,主要受到里约热内卢州洪水和国际航线临时减少的影响 [2] - 客运收入占总收入的92.4%,同比下降2.3%,但总运力增加2.6% [3] - 公司总体客运量增长3.9%,国内增长6.7%,国际下降5.5%,总可用座公里(ASK)增长3.4%,客座率上升0.4个百分点至80.3% [4] - 每可用座公里收益(RASK)和每可用座公里客运收益(PRASK)同比下降5.4% [5] - 每可用座公里成本(CASK)同比下降1.8%,不含燃油的CASK下降2.5%,平均票价下降5.2% [6] - 运营成本增加1.5%,主要由于总运力增加3.4%、巴西雷亚尔兑美元贬值5.3%和燃油价格上涨1.4%所致,但被生产效率提高和成本节减措施所抵消 [7] - 公司2024年EBITDA预计约为60亿雷亚尔,较2019年有66%的改善 [8]