AZUL
AzulAZUL
AZUL
About: Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies. The Company considers that it has a single reportable segment which is air transport.
Employees: 16,017
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
5% more funds holding
Funds holding: 64 [Q2] → 67 (+3) [Q3]
3.63% less ownership
Funds ownership: 8.01% [Q2] → 4.38% (-3.63%) [Q3]
53% less capital invested
Capital invested by funds: $109M [Q2] → $51M (-$58.2M) [Q3]
63% less call options, than puts
Call options by funds: $7.55M | Put options by funds: $20.6M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2.70
10%
upside
Avg. target
$3.85
57%
upside
High target
$5
103%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Goldman Sachs Bruno Amorim 40% 1-year accuracy 2 / 5 met price target | 10%upside $2.70 | Neutral Maintained | 16 Jan 2025 |
Seaport Global Daniel Mckenzie 100% 1-year accuracy 3 / 3 met price target | 103%upside $5 | Buy Upgraded | 16 Jan 2025 |
Financial journalist opinion
Based on 16 articles about AZUL published over the past 30 days
Neutral
Reuters
1 day ago
LATAM Airlines expects mitigation measures amid Gol-Azul tie-up talks
LATAM Airlines said on Friday it was still too early to discuss potential impacts of a planned merger between its two largest rivals in top market Brazil, but voiced trust in antitrust watchdog CADE to put in place mitigation measures.
Neutral
PRNewsWire
3 days ago
Azul concludes negotiations worth over US$ 2.4 billion with its bondholders, lessors and OEMs
The Company concluded its restructuring process initiated in 2024 to solidify its financial position, eliminating US$ 2.1 billion in debt and financial obligations and receiving US$ 525 million in new capital. Faced with a challenging scenario, the company opted for a commercial negotiation with its partners, enabled by its reputation and solid business model.
Neutral
Business Wire
3 days ago
Azul 2025 State of Java Survey & Report: 88% of Enterprises Consider Leaving Oracle Java for Alternatives as Costs and Concerns Continue to Soar
SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the only company 100% focused on Java, released its second annual Azul State of Java Survey & Report today, offering insights into how organizations leverage Java in an evolving technology landscape. The report includes responses from more than 2,000 Java professionals worldwide, uncovering how enterprises are tackling Oracle Java pricing and licensing challenges, the strategies organizations are adopting to address cloud costs, factors impacting De.
Positive
Reuters
4 days ago
Brazil government supports Gol-Azul merger to strengthen airline sector
A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, Brazil's ports and airports minister told Reuters, giving the potential move a key government nod.
Neutral
PRNewsWire
1 week ago
Azul Announces Expiration and Final Results of Previously Announced Exchange Offers in respect of Existing 2029 Second Out Notes and Existing 2030 Second Out Notes for New Notes and Solicitations of Consents to Proposed Amendments to the Existing Indenture
SÃO PAULO, Jan. 22, 2025 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4) (NYSE: AZUL) ("Azul") today announces the expiration and final results of the previously announced (i) offers by its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") to Eligible Holders to exchange (the "Exchange Offers") (a) any and all of the outstanding 11.500% Senior Secured Second Out Notes due 2029 issued by the Issuer (CUSIP: 05501WAA0 / U0551YAA3, ISIN: US05501WAA09 / USU0551YAA39) (the "Existing 2029 Notes") for newly issued 11.500% Senior Secured Second Out Notes due 2029 to be issued by the Issuer (the "New 2029 Notes") and (b) any and all of the outstanding 10.875% Senior Secured Second Out Notes due 2030 issued by the Issuer (CUSIP: 05501WAB8 / U0551YAB1, ISIN: US05501WAB81 / USU0551YAB12) (the "Existing 2030 Notes" and, together with the Existing 2029 Notes, the "Existing Notes") for newly issued 10.875% Senior Secured Second Out Notes due 2030 to be issued by the Issuer (the "New 2030 Notes" and, together with the New 2029 Notes, the "New Notes"), and (ii) the solicitation of consents by the Issuer from Eligible Holders to certain proposed amendments to the terms of the Existing Notes of each series (the "Solicitations").
Neutral
PRNewsWire
1 week ago
Azul Announces Expiration and Final Results of Previously Announced Exchange Offer in respect of Existing 2028 First Out Notes for New Notes and Solicitation of Consents to Proposed Amendments to the Existing Indenture
SÃO PAULO, Jan. 22, 2025 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4, NYSE: AZUL) ("Azul") today announces the expiration and final results of the previously announced offer by its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") to Eligible Holders to exchange (the "Exchange Offer") any and all of the outstanding 11.930% Senior Secured First Out Notes due 2028 issued by the Issuer (CUSIP: 05501W AC6 / U0551Y AC9, ISIN: US05501WAC64/USU0551YAC94) (the "Existing Notes") for newly issued 11.930% Senior Secured First Out Notes due 2028 to be issued by the Issuer (the "New Notes") and solicitation of consents by the Issuer from Eligible Holders to certain proposed amendments to the terms of the Existing Notes (the "Solicitation").
Neutral
Reuters
1 week ago
Azul-Gol airline merger could be a 'necessary evil' in bumpy Brazil market
A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government push for a financially healthy sector outweighs concern about restricted competition, experts and lawyers told Reuters.
Positive
Invezz
2 weeks ago
Azul and Gol stocks surge on potential merger talks: what investors should know
Azul and Gol shares rose sharply on Thursday, following the announcement of a proposed merger between the two Brazilian airlines. Azul's stock price rose by more than 4%, while Gol's shares jumped by about 8%.
Neutral
PRNewsWire
2 weeks ago
Azul Announces Extension of the Previously Announced Exchange Offer in respect of Existing 2028 First Out Notes for New Notes and Solicitation of Consents to Proposed Amendments to the Existing Indenture
SÃO PAULO, Jan. 16, 2025 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4) (NYSE: AZUL) ("Azul") today announced that its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") has extended the expiration deadline of its previously announced offer to exchange (the "Exchange Offer") any and all of the outstanding 11.930% Senior Secured First Out Notes due 2028 issued by the Issuer (CUSIP: 05501W AC6 / U0551Y AC9, ISIN: US05501WAC64/USU0551YAC94) (the "Existing Notes") for newly issued 11.930% Senior Secured First Out Notes due 2028 to be issued by the Issuer (the "New Notes"), pursuant to the terms and subject to the conditions set forth in the confidential exchange offering memorandum and consent solicitation statement, dated December 17, 2024 in respect of the Exchange Offer and Solicitation (the "Offering Memorandum").
Neutral
PRNewsWire
2 weeks ago
Azul Announces Extension of the Previously Announced Exchange Offers in respect of Existing 2029 Second Out Notes and Existing 2030 Second Out Notes for New Notes and Solicitations of Consents to Proposed Amendments to the Existing Indenture
SÃO PAULO, Jan. 16, 2025 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4, NYSE: AZUL) ("Azul") today announced that its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") has extended the expiration deadline of its previously announced offers to exchange (the "Exchange Offers") (i) any and all of the outstanding 11.500% Senior Secured Second Out Notes due 2029 issued by the Issuer (CUSIP: 05501WAA0 / U0551YAA3, ISIN: US05501WAA09 / USU0551YAA39) (the "Existing 2029 Notes") for newly issued 11.500% Senior Secured Second Out Notes due 2029 to be issued by the Issuer (the "New 2029 Notes") and (ii) any and all of the outstanding 10.875% Senior Secured Second Out Notes due 2030 issued by the Issuer (CUSIP: 05501WAB8 / U0551YAB1, ISIN: US05501WAB81 / USU0551YAB12) (the "Existing 2030 Notes" and, together with the Existing 2029 Notes, the "Existing Notes") for newly issued 10.875% Senior Secured Second Out Notes due 2030 to be issued by the Issuer (the "New 2030 Notes" and, together with the New 2029 Notes, the "New Notes"), pursuant to the terms and subject to the conditions set forth in the confidential exchange offering memorandum and consent solicitation statement, dated December 17, 2024 in respect of the Exchange Offers and Solicitations (the "Offering Memorandum").
Charts implemented using Lightweight Charts™