Azul statement on the LATAM codeshare and potential industry consolidation

Commenting on its recent codeshare cancellation with LATAM, Azul has stated that it believes that consolidation is “an important part of the post-pandemic industry response” and that the airline is “in a strong position to drive that consolidation”.  Azul confirms that it has hired advisors and is “actively exploring industry consolidation opportunities in the region”. “The codeshare with LATAM was a unique solution in our pandemic response.  We also realized that industry consolidation would be important for the post-pandemic recovery and Azul would be a key part of any such activity.  At the end of the first quarter of 2021 we hired financial