Azul narrows 2019 guidance to the lower end of previous guidance

    Azul revised (07-Nov-2019) its 2019 guidance as follows:

    • Capacity (ASK): Increase around 20%, from between 20% to 22% increase;
      • Domestic: Around 23% increase, from between 23% to 25% increase;
      • International: Around 12% increase, from between 10% to 15% increase;
    • CASK: Around 0.5% reduction, from between 0% to 2% increase;
    • Operating margin: Around 18%, from between 18% and 20%.