Azul Performance

Azul Reports January 2019 Traffic

Consolidated passenger traffic (RPKs) increased 13.5% compared to January 2018 on a capacity increase (ASKs) of 15.9% resulting in a load factor of 83.5%, decrease of 1.9 p.p. compared to the same period in 2018.

Azul

Azul S.A. (B3: AZUL4,NYSE: AZUL), the largest airline in Brazil by number of cities served and flight departures, announces today its preliminary traffic results for January 2019.

Consolidated passenger traffic (RPKs) increased 13.5% compared to January 2018 on a capacity increase (ASKs) of 15.9% resulting in a load factor of 83.5%, decrease of 1.9 p.p. compared to the same period in 2018.

"In January we increased capacity by an impressive 15.9%, with a load factor of 83.5%, demonstrating a robust demand environment, especially in domestic flights. International load factor amounted to a healthy 87.1%. We are excited about our fleet transformation plan in 2019, where 40% of our capacity will be flown on next-generation aircraft, which are essential to strengthen our network while reducing unit cost," says John Rodgerson, Azul's CEO.

As in 2018, we were again in January the number one on-time airline in Brazil, with an on-time arrival rate of 85.3% according to FlightStats.

Jan-19

Jan-18

% ?

Total

RPK (milhões)

2,574

2,269

13.5%

ASKs (milhões)

3,081

2,658

15.9%

Taxa de ocupação

83.5%

85.4%

-1.9 p.p.

Doméstico

RPK (milhões)

1,922

1,682

14.3%

ASKs (milhões)

2,333

2,016

15.7%

Taxa de ocupação

82.4%

83.4%

-1.0 p.p.

Internacional

RPK (milhões)

652

587

11.2%

ASKs (milhões)

749

642

16.7%

Taxa de ocupação

87.1%

91.4%

-4.3 p.p.



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