Why Azul Stock Lost Altitude This Week
AZULAzul(AZUL) The Motley Fool·2024-04-19 00:27

As headwinds build, Azul looks to consolidate. One of Latin America's best-run airlines faces significant headwinds and is reportedly pondering moves to try to offset any weakness. The uncertainty appears to have investors on edge, sending shares of Azul (AZUL -3.64%) down 12% for the week as of Thursday midday, according to data provided by S&P Global Market Intelligence. Destination consolidation? The entire global airline industry was hit hard by the pandemic, but few regions felt the impact more than La ...