Azul Airlines: passenger traffic drops 27.3% in the first quarter

Azul domestic passenger traffic increased in March by 11.2% year-over-year,, according to a document filed at the stock market on Thursday, April 8.

RIO DE JANEIRO, BRAZIL - The largest drop was seen in international flights, with a 90.4% reduction in the number of revenue passenger kilometers transported (RPK).

Despite this, domestic passenger traffic increased in March by 11.2% year-over-year, against a 15.4% rise in domestic capacity (ASKs), resulting in an occupancy rate of 71.7%, 2.7 percentage points below the same period in 2020.

"In March, we proactively adjusted our capacity in response to the second wave of the pandemic in Brazil. While demand was impacted by quarantine measures implemented across the country, our network's strength . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?