Airline

Azul posts record Q3 revenue, EBITDA, as emergence from Chapter 11 beckons

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Azul posts record Q3 revenue, EBITDA, as emergence from Chapter 11 beckons

Brazilian low-cost carrier Azul has reported a record-breaking third quarter across a wide range of metrics, including revenue, operating income, EBITDA, and load factor.Total revenue grew 11.8% to R$5.7bn ($1.1bn), while EBITDA rose 20.2% to R$2bn, with a margin of 34.6%. Operating income rose 23.7...

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