AZUL - Azul saw 34% growth in July consolidated passenger traffic levels

• In its July 2022 prelim traffic numbers, Azul ( NYSE: AZUL ) reported a 34% Y/Y growth in consolidated passenger traffic with a capacity increase of 33.1% leading to a load factor of 82.9%, an increase of 0.6 percentage points from prior year period.
• Domestic load factor saw a narrow down by 1.2 percentage points while international load factor increased 15.5 percentage points.
• "Our strong traffic results in July are once again evidence of our competitive advantages and disciplined capacity deployment. We continue to see strong demand trends especially as we now enter into the seasonally strong spring and summer periods in Brazil," CEO John Rodgerson commented.
• Shares trading 1.6% higher premarket.

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