Loading

Azul Airlines aims to replace its oldest Embraer jets by accelerating A320neo deliveries

Premium Analysis

Brazilian LCC Azul Airlines aims to shrink its older fleet of Embraer jets in order to speed up expansion of its Airbus A320neo fleet and cut the number of leases it has that carry higher rates, a holdover from its days as a start-up nine years ago, with no financial history.

Now Azul boasts it has one of the lowest leverage ratios among South American airlines, and aims to take advantage of its improved debt position to achieve better aircraft financing rates in the marketplace.

The airline is moving aggressively to forge deals for older E-Jets in order to grow its fleet of next generation Airbus narrowbodies to push down its operating expense. Many operators of Embraer 190s are examining ways to adjust their respective fleets, as network evolution and a quest to contain costs warrant scrutiny of older aircraft.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,205 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.