Azul Announces its Traffic Figures for November 2018

São Paulo, December 6th, 2018 - Azul S.A., "Azul", (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served and flight departures, announces today its preliminary traffic results for November 2018.

Consolidated passenger traffic (RPKs) increased 14.4% compared to November 2017 on a capacity increase (ASKs) of 12.4% resulting on a load factor of 83.6%, an increase of 1.5 p.p. compared to November 2017. Domestic load factor was 82.5%, an increase of 1.6 p.p. compared to the same period last year and international load factor was 87.7%, up 0.8 p.p..

"Once again we grew capacity by double digits and increased our load factors both domestically and internationally, as we continue to see a solid demand environment in Brazil. Most of our growth is coming from the 18 A320neos we have on our fleet today replacing smaller aircraft in markets we already operate", says John Rodgerson, Azul’s CEO.

Year to date we continue to be the number one on-time airline in Brazil, with an on-time arrival rate of 87.2% according to FlightStats.

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