Azul will launch IPO when the market is ready

Brazilian low-cost airline Azul Linhas Aereas Brasileiras has stated that it will launch its initial public offering (IPO) when the market is ready for it and has no plans to accelerate it plans while investors are distracted during the World Cup. David Neeleman said: “I don’t need to do an IPO because of the World Cup, in fact we don’t need to do an IPO.” Neeleman added that market conditions haven’t yet improved enough to launch an IPO. Azul has won its appeal to register as a public company in Brazil, which is a first step for firms seeking to