AZUL News and Press, Azul S.A. American Depositary Shares From 08/08/22

Shares of Brazilian airline Azul (NYSE: AZUL) were up more than 7% as of late afternoon trading. The move comes after the release of its July traffic figures. I've summarized the key numbers below; Azil's domestic traffic numbers are not only significantly ahead of the same period l...

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 loa...

The travel sector saw some decent gains in early trading on Monday as investors continue to weigh if fears of a recession hitting consumer spending are overdone. "Our U.S. consumer clients remained resilient with continued strong deposit balances and spending levels," said CEO Brian...

The travel sector started off the week shaky again with recession concerns and staffing issues with airlines hurting sentiment broadly. For companies with a link to China, news of the one-week closure of all casinos in Macau due to a COVID outbreak has also hurt sentiment. Early dec...

Thursday was a good day for stocks generally, but it was especially warm and breezy for shareholders of Azul (NYSE: AZUL) . The South American airline ascended by nearly 3%, bettering the 1.5% rise of the S&P 500 index, thanks to some encouraging monthly metrics it published...

Goldman Sachs lowered its price target on Azul ( NYSE: AZUL ) from $15.40 to $9.90 in a research note issued on Tuesday. The Brazilian airline gets a Neutral Rating at the investment firm while the stock price struggles through the new 52-week low of $6.38 at the daily volume ...

Shares of Brazilian airline Azul (NYSE: AZUL) were up 4.4% in early trading today. The move comes in line with a generally positive day for airline stocks. The sector was sold off heavily in the last week as investors stress over high oil prices crimping profit margins, while ongoin...

Travel stocks traded lower on Monday as anxiety over a recession and higher interest rates swept over the sector. A poll conducted by Financial Times of economists indicated that 70% expect the U.S. economy to slip into a recession next year, which added to the existing concerns that consumer...

Airline stocks broke higher on Thursday after both Southwest Airlines (LUV +6.7%) and JetBlue Airways (JBLU +4.1%) lifted guidance. Southwest management noted the upward revision is primarily attributable to yield strength, which is more than offsetting the increase in fuel prices - while Jet...

United Airlines Holdings (NASDAQ: UAL) raised its outlook for the current quarter, and it is giving a lift to the entire airline sector. Shares of United and JetBlue Airways (NASDAQ: JBLU) traded up as much as 7% by midday Tuesday, while shares of American Airlines Group ...