RIO DE JANEIRO, BRAZIL - Brazilian airline Azul (Azul Linhas Aéreas Brasileiras) on Thursday, March 4th, reported a net loss of R$317.4 million (US$56.56 million) in Q4, the carrier’s best quarterly performance since the pandemic upended air travel.
Azul said its revenue had more than doubled compared to Q3 to R$1.8 billion. The airline’s cost management during the pandemic also helped double its liquidity to R$3 billion in the same period . . .