The pandemic generated a global crises all over the world and profitable companies like Azul Airlines are feeling the impact. The Brazilian company is working to manage to stay in the market while the recovery timing remains uncertain for all.
The agreement with Embraer to postpone the E2 Jets’ delivery to 2024 is part of a plan to maintain Azul Airlines’ liquidity. Azul is adapting to the present crises cutting its capacity to 90% in April, reducing staff and offering lower wages.
