About Azul

Azul overview

We are the largest airline in Brazil in terms of departures and cities served, with 766 daily departures serving 104 destinations, creating an unparalleled network of 223 non-stop routes as of December 31, 2017. As the sole airline on 71% of our routes, we are the leading airline in 63 Brazilian cities in terms of departures and carried approximately 22 million passengers in 2017.

We are a low cost carrier and have generated a PRASK premium of at least 34,5% relative to our main competitor since our first year of operations. We derive this PRASK premium from our network, optimized fleet, operating efficiencies and high quality product offering.

Complementing our extensive domestic network, we fly to select international destinations, including Fort Lauderdale, Orlando, and Lisbon. We wholly own our loyalty program TudoAzul a strategic revenue-generating asset, which had approximately 9.0 million members as of December 31, 2017.

Azul was founded in 2008 by entrepreneur David Neeleman, founder of JetBlue, as his fourth successful airline venture, tocapture the market opportunities created by the expansion of the Brazilian aviation market. David Neeleman is our controlling shareholder as well as Chairman and Chief Executive Officer. In addition, we have a diverse group of key strategic shareholders, such as United and Hainan (a subsidiary of the HNA Group, a Fortune Global 500 conglomerate and the largest private airline operator in China).

The map below shows the destinations and routes we served as of December 31, 2017.