Azul, the Brazilian airline, grew its consolidated passenger traffic (RPKs) by 13.5% in January 2019 compared to January 2018 on a capacity increase (ASKs) of 15.9% resulting in a load factor of 83.5%, decrease of 1.9 percentage points compared to the same period in 2018. “In January we increased capacity by an impressive 15.9%, with a load factor of 83.5%, demonstrating a robust demand environment, especially in domestic flights. International load factor amounted to a healthy 87.1%. We are excited about our fleet transformation plan in 2019, where 40% of our capacity will be flown on next-generation aircraft, which are

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