AZUL May 2024 2.500 put
| Previous close | 0.0300 |
| Open | 0.0300 |
| Bid | 0.0000 |
| Ask | 0.0500 |
| Strike | 2.50 |
| Expiry date | 2024-05-17 |
| Day's range | 0.0500 - 0.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
ReutersBrazilian airline Azul's losses narrow in first quarter
Brazilian airline Azul's losses narrowed in the first quarter to 324.2 million reais ($62.86 million), it reported on Monday, as demand for air travel in the country picked up. The airline, which has faced high leasing and interest costs, has also been hurt by the depreciation of Brazil's real against the dollar and reported a loss of 847.3 million reais related to foreign exchange swings in the first quarter.
- Reuters
UPDATE 2-Brazilian airline Azul's losses narrow in first quarter; shares jump
Brazilian airline Azul's net losses narrowed and operating figures hit all-time highs for the first quarter driven by healthy demand for air travel in the country, it said on Monday, sending its shares higher. The top line landed slightly below the 4.88 billion reais expected by analysts polled by LSEG.
- Reuters
LATAM's share of Brazil airline market hits 11-year high as Gol drops
LATAM Airlines' share of Brazil's domestic market reached its highest level in 11 years in March, data from local aviation regulator ANAC showed on Monday, while rival Gol continued to falter after filing for bankruptcy. The Brazilian unit of Chile-based LATAM had a market share of 41% in the month as defined by revenue passenger-kilometers (RPK), according to ANAC figures, which the firm said was its highest since the 41.6% reached in July 2013. LATAM has been leading the domestic segment in Latin America's largest economy since 2021, when it overtook Gol, which in turn has seen its market share decline since entering bankruptcy proceedings in January.
