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 December 2019.

Consolidated passenger traffic (RPKs) increased 27.2% compared to December 2018 on a capacity increase (ASKs) of 26.5%, resulting in a load factor of 83.5%, 0.5 percentage points higher than the same period in 2018. Domestic load factor was 82.3% and international load factor was 86.9%. For the full year of 2019, total load factor was 83.5%, an increase of 1.2 percentage points compared to 2018.

"2019 was another strong year for Azul, as we increased total capacity by an impressive 22.2% while growing load factor to 83.5%, a clear demonstration of the robust passenger demand in Azul's network. We ended the year with 38 A320neos and four E2s in our fleet, and are very excited with the economics and revenue potential of these aircraft", says John Rodgerson, Azul's CEO.

Dec-19

Dec-18

% ?

4Q19

4Q18

% ?

FY 19

FY 18

% ?

Total

 

RPK (million)

2,957

2,325

27.2%

8,080

6,162

31.1%

29,941

24,156

23.9%

ASK (million)

3,541

2,800

26.5%

9,686

7,425

30.5%

35,868

29,353

22.2%

Load factor

83.5%

83.0%

+0.5 p.p.

83.4%

83.0%

+0.4 p.p.

83.5%

82.3%

+1.2 p.p.

Domestic

RPK (million)

2,135

1,698

25.7%

6,155

4,668

31.9%

22,790

17,856

27.6%

ASK (million)

2,595

2,088

24.3%

7,432

5,707

30.2%

27,521

22,103

24.5%

Load factor

82.3%

81.3%

+1.0 p.p.

82.8%

81.8%

+1.0 p.p.

82.8%

80.8%

+2.0 p.p.

International

RPK (million)

822

627

31.1%

1,925

1,494

28.8%

7,151

6,300

13.5%

ASK (million)

946

712

32.8%

2,254

1,718

31.2%

8,348

7,250

15.1%

Load factor

86.9%

88.0%

-1.1 p.p.

85.4%

87.0%

-1.6 p.p.

85.7%

86.9%

-1.2 p.p.