Azul Performance

Azul Reports September 2019 Traffic

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 September 2019.

Consolidated passenger traffic (RPKs) increased 31.0% compared to September 2018 on a capacity increase (ASKs) of 30.8%, resulting in a load factor of 83.3%, an increase of 0.1 percentage points compared to the same period in 2018. Domestic load factor was 82.1% and international load factor was 87.7%.

In the third quarter, consolidated RPKs increased 30.7% on a capacity increase of 29.3% year over year.

"In September we continued to demonstrate our ability to match capacity with demand by growing more than 30% while maintaining high load factors. We received our 32nd A320neo and are very excited with the delivery of our first E915-E2, both of which are key drivers of our margin expansion going forward," says John Rodgerson, Azul's CEO.

Sep-19

Sep-18

% ?

3Q19

3Q18

% ?

YTD 19

YTD 18

% ?

Total

RPK (million)

2,552

1,948

31.0%

8,192

6,447

27.1%

21,861

17,994

21.5%

ASK (million)

3,064

2,342

30.8%

9,713

7,701

26.1%

26,182

21,928

19.4%

Load factor

83.3%

83.2%

+0.1 p.p.

84.3%

83.7%

+0.6 p.p.

83.5%

82.1%

+1.4 p.p.

Domestic

RPK (million)

1,989

1,475

34.9%

6,194

4,740

30.7%

16,635

13,188

26.1%

ASK (million)

2,423

1,786

35.7%

7,430

5,748

29.3%

20,089

16,396

22.5%

Load factor

82.1%

82.6%

-0.5 p.p.

83.4%

82.5%

+0.9 p.p.

82.8%

80.4%

+2.4 p.p.

International

RPK (million)

562

473

18.9%

1,998

1,707

17.0%

5,226

4,806

8.7%

ASK (million)

641

557

15.2%

2,283

1,953

16.9%

6,093

5,531

10.2%

Load factor

87.7%

85.0%

+2.7 p.p.

87.5%

87.4%

+0.1 p.p.

85.8%

86.9%

-1.1 p.p.

 



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