AZUL - Azul: Revisiting An Old Unsuccessful Bullish Call

• Brazilian airline Azul, my November 2017 "idea of the month," was hit hard by the COVID-19 crisis. Today, I revisit my old bullish call.
• I continue to like the company's route network, and believe that Azul has done a decent job playing defense with its balance sheet.
• Although price action suggests a potential bargain play here, I remain neutral on AZUL for now, pending further research.

For further details see: