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RSS FeedsHow Azul Finished 2020 With More Liquidity And More Planes
(World News Brazil)


5 march 2021 15:22:13

How Azul Finished 2020 With More Liquidity And More Planes
(World News Brazil)

Despite the COVID-19 crisis, Azul Linhas Aereas almost doubled its liquidity in 2020 and increased its fleet by 13%, signaling one of the best recoveries worldwide. How did the Brazilian low-cost operator manage to do this? Let`s investigate further. Azul increased the size of its fleet in 2020. Photo: Getty Images. From April`s low point to a near recovery in December In April, Azul had to nearly stop 100% of its operations due to the COVID-19 pandemic. Suddenly, the company went from having 116 destinations to 25, operating only a skeleton route of 70 daily flights. Fast forward ten months and Azul has recovered 92 destinations. Now it...

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