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AZUL - Azul Is Not A Buy Until Major Consolidation Occurs
December, 22 2021 11:07 AM
Azul S.A. American Depositary Shares
Brazil's airline industry suffers from extensive over-capacity. Although Azul's operations are better than Gol's, both companies are fundamentally unprofitable. Azul also has a very similar risk of default. Other major regional airlines have already filed for bankruptcy and the sector may face consolidation. Only after consolidation occurs can investors reconsider the industry's and company's prospects. For further details see:
Azul Is Not A Buy Until Major Consolidation Occurs
Stock Information
Company Name:
Azul S.A. American Depositary Shares
Stock Symbol:
AZUL
Market:
NYSE
Website:
voeazul.com.br
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