August 24, 2016 12:36 PM ET

Airlines

Company Overview of Azul Linhas Aéreas Brasileiras S.A.

Company Overview

Azul Linhas Aéreas Brasileiras S.A. provides passenger and cargo air transportation services in Brazil. The company provides air transportation services connecting cities in Brazil. It operates 138 airplanes. The company was founded in 2008 and is based in Barueri, Brazil. Azul Linhas Aéreas Brasileiras S.A. operates as a subsidiary of Azul S.A.

Avenida Marcos Penteado de Ulhôa Rodrigues, nº 939

9º andar

Edifício Castelo Branco Office Park, Torre Jatobá

Tamboré, Alphaville Industrial

Barueri, SP 06460-040

Brazil

Founded in 2008

Phone:

55 11 4003 3255

Fax:

55 11 4831 9882

Key Executives for Azul Linhas Aéreas Brasileiras S.A.

Founder, Chief Executive Officer, and Chairman
Age: 57
Compensation as of Fiscal Year 2016.

Azul Linhas Aéreas Brasileiras S.A. Key Developments

JetBlue and Azul Brazilian Airlines Expand Codeshare Agreement

JetBlue is expanding its existing partnership with Azul Brazilian Airlines through a unilateral codeshare agreement, subject to government approval. Azul will place its "AD" code on JetBlue flights between multiple destinations and JetBlue's focus cities in Fort Lauderdale-Hollywood (FLL) and Orlando (MCO). From both Florida gateways Azul operates nonstop service to the airline's hub at So Paulo, Brazil's Viracopos International Airport (VCP). Once approved, customers purchasing a codeshare itinerary will benefit from having a single ticket that includes both Azul and JetBlue-operated flights as well as conveniences on their day of travel like one-stop check-in and baggage transfer.

Azul Linhas Aéreas Delays IPO

Azul Linhas Aéreas Brasileiras S.A. also sold a 5 percent stake to United Airlines for $100 million in June. A spokeswoman, said "Azul Linhas Aéreas still planned to hold an initial public offering, already delayed three times, when market conditions improve.

Azul Brazilian Airlines and United Airlines Announce Codeshare Agreement

Azul Brazilian Airlines and United Airlines announced the expansion of their cooperation by implementing a codeshare agreement, which offers customers easier connections when flying between Brazil and the United States. The codeshare agreement provides customers flying on both airlines a seamless reservations and ticketing process, including boarding pass and baggage check-in to their final destination. Azul has placed its AD code on United flights to eight U.S. destinations, offering convenient flight schedules from many cities in Brazil to Chicago, New York, Houston, San Francisco, Los Angeles, Boston, Washington and Las Vegas.Connections to other U.S. cities are also available via Fort Lauderdale/Miami and Orlando. United has placed its UA code on Azul flights to six destinations in Brazil beyond Sao Paulo's Guarulhos International Airport, offering convenient connections to Goinia, Belo Horizonte (Confins), Curitiba, Porto Alegre, Rio de Janeiro (Santos Dumont) and Brasilia.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 24, 2016
TAP-Transportes Aereos Portugueses, SGPS, S.A.
Merger/Acquisition
November 24, 2015
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