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Brazil’s Azul and GOL stick to recovery targets for 2020

Analysis

Two of Brazil's major airlines continue to add back capacity at a faster pace than other operators around the world as demand within the country continues to recover.

Azul remains bullish about achieving its year-end recovery targets, and GOL continues to cite sequential improvement in month to month trends. Each airline is also recording healthy domestic load factors as their daily flights continue to rise.

But those airlines are also working to ensure that their fleets are sized to match demand levels that are much lower than in 2019, which means lease returns, and working with lessors to obtain financial relief in the short term.

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