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Azul Announces its Traffic Figures for December 2018

São Paulo, January 7th, 2019 - 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 December 2018.

Consolidated passenger traffic (RPKs) increased 13.4% compared to December 2017 on a capacity increase (ASKs) of 13.5% resulting in a load factor of 83.0%, mostly in line with the 83.1% recorded in December 2017. Domestic load factor was 81.3%, representing a decrease of 0.4 p.p. compared to the same period in 2017 while international load factor was 88.0%, up 0.6 p.p..

"December was another strong month for Azul as we continue to execute on our fleet transformation strategy backed by a solid demand environment. We received another two A320neos in December, ending the year with 20 aircraft of this type. As we move forward, we continue to be very excited about our fleet transformation process and the results we are seeing from it", says John Rodgerson, Azul’s CEO.

In 2018, Azul was once again the most on-time airline in Brazil, with an on-time arrival rate of 86.5% according to FlightStats.

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