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Azul Announces Traffic Figures for April 2019

São Paulo, May 7, 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 April 2019.

Consolidated passenger traffic (RPKs) increased 15.5% compared to April 2018 on a capacity increase (ASKs) of 11.5%, resulting in a load factor of 84.4%, an increase of 3.0 p.p. compared to the same period in 2018.

Domestic passenger traffic rose 23.5% on a 17.3% increase in capacity resulting in a load factor of 83.7%, 4.2 percentage points higher than April 2018. International load factor was 86.9%.

"April was a great month for us and we continue to see a positive demand trend in the Brazilian market. Our fleet transformation strategy is on track with 26 A320neos currently flying across our network. We couldn’t be more excited with the growth opportunities that lie ahead of us. We will continue to focus on executing on our margin expansion plan which is centered on the addition of larger and more fuel-efficient aircraft to our fleet that have a significant lower seat cost", says John Rodgerson, Azul’s CEO.

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