Azul airline doubles its benefits in the first nine months of 2017

The Brazilian airline Azul, the third largest in the country, obtained a profit of 225.4 million reais (62.3 million dollars) in the first nine months of the year, compared to the losses of 177.6 million reais (54.6 million dollars) recorded in the same period of 2016.

Rio de Janeiro, Nov 9 (EFE) .- The Brazilian airline Azul, the third largest in the country, obtained a profit of 225.4 million reais (62.3 million dollars) in the first nine months of the year, compared to the losses of 177.6 million reais (54.6 million dollars) recorded in the same period of 2016.

As disclosed by the company today, the net profit of the third The quarter was 204 million reais (62.7 million dollars), more than double the 9.4 million reais (2.9 million dollars) registered in the same period last year.

In the third quarter, revenues increased 15% from one year to the next, mainly due to the 14.8% increase in passenger transport revenues and growth. 16.7% in others, such as auxiliary passenger or freight revenues.

These data have reduced the airline's total debt by 900 million reais (276 million euros). dollars), a reduction to which the sale of ten ATR 72-600 aircraft will contribute to the leasing company Nordic Aviation Capital, which Azul announced in October.

Azul is the third largest Brazilian airline in number of passengers transported, after Latam and Gol, with a market share of 17.19% in 2016, and it is also the largest in number of cities served, with 755 daily flights to 104 destinations, and the second largest number of aircraft.