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Reuters

Reuters

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World

Brazilian airline Azul's core earnings up 33% in Q4

Reuters
Summary
Nutrition label

82% Informative

Brazilian airline Azul reported fourth-quarter core earnings slightly above market expectations.

Earnings before interest, taxes, depreciation and amortization (EBITDA) reached 1.95 billion reais ( $340.31 million ) in the October-December period.

Azul recently concluded a major restructuring that included the termination of almost $1.6 billion in debt from its balance sheet.

VR Score

92

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99

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72

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formal

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English

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60

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short-lived

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