Azul (AZUL) Reports Q3 EPS of $0.59

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Go back to Azul (AZUL) Reports Q3 EPS of $0.59

Azul Reports Record Third Quarter Results

November 9, 2017 5:35 AM EST

Operating income increased 50% year over year, yielding a margin of 12.5%

Total debt decreased R$737 million in the quarter to R$2.9 billion while total cash¹ remained stable at R$3.1 billion

SÃO PAULO--(BUSINESS WIRE)-- Azul S.A., Azul (B3: AZUL4) (NYSE: AZUL) the largest airline in Brazil by number of cities and departures, announces today its results for the third quarter of 2017 (3Q17). The following financial information, unless stated otherwise, is presented in Brazilian reais and in accordance with International Financial Reporting Standards (IFRS).

Financial and Operating Highlights for 3Q17... More