Brazil AirlinesNews

Azul Airlines starts trading in New York and Sao Paulo after successful IPO in which raised US$650 Million

On its third IPO attempt, Brazil’s Azul Airlines, the third largest carrier in Brazil in terms of revenue, but the number one in number of cities served, raised around $650 million Dollars in New York and Sao Paulo.

The fresh infusion of cash will allow the carrier to invest in areas where it needs to further expand and compete with Brazil’s other major carriers LATAM and GOL.

Below the interview with Azul founder David Neeleman, who also founded JetBlue in the United States.