2Q20 Earnings Release
(World News USA)

Second Quarter Results 2020 Azul Reports June Results and Successful Execution of COVID-19 Management Plan São Paulo, August 13, 2020 - Azul S.A., "Azul" (B3:AZUL4, NYSE:AZUL) the best airline in the world according to TripAdvisor, announces today its results for the second quarter of 2020 ("2Q20"). The following financial information, unless stated otherwise, is presented in Brazilian reais and in accordance with International Financial Reporting Standards (IFRS). Financial and Operating Highlights for 2Q20 Operating revenue was R$402 million, down 85% year over year due to severe reduction in air travel demand caused by the COVID-19 pandemic. Operating expenses...