Azul announces its traffic figures for May 2018

São Paulo, June 11, 2018 - Azul S.A., "Azul", (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served, announces today its preliminary traffic results for May 2018.

Consolidated passenger traffic (RPKs) increased 14.0% compared to May 2017 on a capacity increase (ASKs) of 13.5%. As a result, load factor was 80.1%, 0.3 percentage points higher than in the same period last year.

Domestic passenger traffic increased 1.5% on a 2.6% increase in capacity resulting in a load factor of 77.1%, 0.9 percentage points lower than May 2017. Excluding the effects of the truck drivers’ strike in Brazil, we estimate domestic load factor would have been between 78.5% and 79.0%.

Year to date Azul continues to be the most on-time airline in Brazil with 91% of flights departing within 15 minutes of departure time, according to FlightStats.

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