Azul Reports Record First Quarter 2022 Revenue 25.6% Above 1Q19
SÃO PAULO, May 9, 2022 /PRNewswire/ -- Azul S.A., "Azul" ((B3:AZUL4, NYSE:AZUL), the largest airline in Brazil by number of cities and departures, announces today its results for the first quarter of 2022 ("1Q22"). The following financial information, unless stated otherwise, is presented in Brazilian reais and in accordance with International Financial Reporting Standards (IFRS).
Financial and Operating HighlightsTotal operating revenue in 1Q22 was R$3.2 billion, an increase of 74.9% compared to 1Q21 and 25.6% compared to 1Q19. This was the second consecutive quarter with net revenues above pre-pandemic levels, even with the impact of the Omicron variant to our operation.PRASK and RASK incr
