AZUL Azul SA

Traffic Release May | 2022

 

 

 

Azul Reports May 2022 Traffic

 

São Paulo, June 8, 2022 – Azul S.A., “Azul”, (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by departures and number of cities served, announces today its preliminary traffic results for May 2022.

Consolidated passenger traffic (RPKs) increased 74.0% compared to May 2021 on a capacity (ASKs) increase of 70.5%, resulting in a load factor of 77.3%, an increase of 1.5 percentage points compared to the same period in 2021.

“In May we saw steady load factors combined with rapidly increasing average fares and unit revenues. We are leveraging the recovery in corporate travel to maximize unit revenue, and we continue to expect all-time record revenues in the 2nd quarter of 2022,” says John Rodgerson, Azul’s CEO.

 

 

	May-22	May-21	% ∆	YTD 2022	YTD 2021	% ∆
Domestic
RPK (million)	2,326	1,455	59.9%	10,950	8,041	36.2%
ASK (million)	3,048	1,863	63.6%	13,828	10,390	33.1%
Load factor	76.3%	78.1%	-1.8 p.p.	79.2%	77.4%	+1.8 p.p.
International
RPK (million)	339	77	339.9%	1,486	323	360.6%
ASK (million)	398	157	152.6%	1,801	543	231.4%
Load factor	85.1%	48.9%	+36.2 p.p.	82.5%	59.4%	+23.1 p.p.
Total
RPK (million)	2,665	1,532	74.0%	12,436	8,364	48.7%
ASK (million)	3,446	2,021	70.5%	15,629	10,934	42.9%
Load factor	77.3%	75.8%	+1.5 p.p.	79.6%	76.5%	+3.1 p.p.

 

 

 

About Azul

 

Azul S.A. (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of flight departures and cities served, offers around 900 daily flights to over 150 destinations. With an operating fleet of 160 aircraft and more than 12,000 crewmembers, Azul has a network of more than 240 non-stop routes. In 2020 Azul was awarded best airline in the world by TripAdvisor, the first time a Brazilian Flag Carrier ranked number one in the Traveler’s Choice Awards. For more information visit www.voeazul.com.br/ir.

 

 

 

 

 

 

 

Traffic Release May | 2022

 

 

Glossary

 

Revenue Passenger Kilometers (RPK)

One-fare paying passenger transported one kilometer. RPK is calculated by multiplying the number of revenue passengers by the number of kilometers flown.

 

Available Seat Kilometers (ASK)

Number of aircraft seats multiplied by the number of kilometers flown.

 

 

Contact

 

Investor Relations

Tel: +55 11 4831 2880

invest@voeazul.com.br

 

Media Relations

Tel: +55 11 4831 1245

imprensa@voeazul.com.br

 

 

This traffic release includes estimates and forward-looking statements within the meaning of the U.S. federal securities laws. These estimates and forward-looking statements are based mainly on our current expectations and estimates of future events and trends that affect or may affect our business, financial condition, results of operations, cash flow, liquidity, prospects and the trading price of our preferred shares, including in the form of ADSs. Although we believe that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to many significant risks, uncertainties and assumptions and are made in light of information currently available to us. In addition, in this release, the words “may,” “will,” “estimate,” “anticipate,” “intend,” “expect,” “should” and similar words are intended to identify forward-looking statements. You should not place undue reliance on such statements, which speak only as of the date they were made. Azul is not under the obligation to update publicly or to revise any forward-looking statements after we distribute this press release because of new information, future events or other factors. Our independent public auditors have neither examined nor compiled the forward-looking statements and, accordingly, do not provide any assurance with respect to such statements. In light of the risks and uncertainties described above, the future events and circumstances discussed in this release might not occur and are not guarantees of future performance. Because of these uncertainties, you should not make any investment decision based upon these estimates and forward-looking statements.

 

 

SIGNATURES

 

                Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date:    June 8, 2022

 

                                                                                                                Azul S.A.

 

                                                                                                                By:   /s/ Alexandre Wagner Malfitani                                 
                                                                                                                Name: Alexandre Wagner Malfitani
                                                                                                                Title: Chief Financial Officer