Azul: Preparing For Takeoff
AZULAzul(AZUL) Seeking Alpha·2024-06-14 16:18

dabldy/iStock Editorial via Getty Images Investment Thesis I recommend buying Azul (NYSE:AZUL) shares. The company has a different strategy than its competitors in Brazil, and I see strong signs that this strategy will have an important catalyst. In my view, the request for recovery from competitor Gol (OTCPK:GOLLQ), and the codeshare agreement signed between the companies has Azul as a major beneficiary. Finally, when we analyze the EV/EBITDA, the company trades with a significant discount of 15% compared ...