Azul CEO Mulls New Fleet Cuts in ‘Sick’ Brazil Airline Industry

  • Carrier may eliminate eight more planes as recession drags on
  • Air travel demand drops to lowest since 2012, trade group says

Azul Linhas Aereas Brasileiras SA, Brazil’s third-largest airline by passengers, is studying another reduction to its fleet as air-travel demand shrinks to the lowest in four years.

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