Daily Memo: Azul Takes Steps To Combat Brazil’s Wild Currency Fluctuations

Lori Ranson August 13, 2024
Azul Embraer E195
Credit: Trevisan Aviation Images / Alamy Stock Photo
After facing shorter-term headwinds in the second quarter (Q2), Azul is laying the foundation to combat currency pressure after the Brazilian Real depreciated at a staggering rate during the quarter. The closure of Porto Alegre Salgado Filho Airport in May affected Azul’s Q2 results by BRL200...
Lori Ranson

Lori covers North American and Latin airlines for Aviation Week and is also a Senior Analyst for CAPA - Centre for Aviation.

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Daily Memo: Azul Takes Steps To Combat Brazil’s Wild Currency Fluctuations is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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