AZUL Benefits From Surge in Travel Demand Amid Debt Woes
Azul(AZUL) zacks.com·2024-05-25 01:46
Azul S.A. (AZUL) has been seeing a steady rebound in air travel demand, both on the domestic as well as international front. With solid air-travel demand across the globe, AZUL's top line has been improving. As a reflection of this, first-quarter 2024 revenues of $945 million increased year over year owing to a healthy demand environment (both domestic and international), robust ancillary revenues, and growth in the company’s other business units. With more people taking to the skies, Azul’s passenger reven ...