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Azul Announces its Traffic Figures for January 2019

São Paulo, February 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 January 2019.

Consolidated passenger traffic (RPKs) increased 13.5% compared to January 2018 on a capacity increase (ASKs) of 15.9% resulting in a load factor of 83.5%, a decrease of 1.9 p.p. compared to the same period in 2018.

"In January we increased capacity by an impressive 15.9%, with a load factor of 83.5%, demonstrating a robust demand environment, especially in domestic flights. International load factor amounted to a healthy 87.1%. We are excited about our fleet transformation plan in 2019, where 40% of our capacity will be flown on next-generation aircraft, which are essential to strengthen our network while reducing unit cost", says John Rodgerson, Azul’s CEO.

As in 2018, we were again in January the number one on-time airline in Brazil, with an on-time arrival rate of 85.3% according to FlightStats.

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