Azul approves JV with TAP Air Portugal for Brazil-Europe market

12 December, 2019

Azul's board approved the proposed joint venture (JV) with TAP Air Portugal (Panrotas, 10-Dec-2019). Azul CRO Abhi Shah stated that the carrier is working with a six month timeframe to seek the approvals and make the JV effective. The JV will share Brazil-Europe operations.