Azul Expects Slower Recovery on Fuel Costs
Brazilian airline Azul faces a delayed recovery and cautious growth as high jet fuel prices squeeze margins. The carrier expects 2026 capacity to remain down from a year earlier.
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AZUL SA expects its recovery to take longer than previously anticipated, keeping capacity down 5% by the end of 2026 due to persistent fuel cost pressures. Chief Financial Officer Antonio Carlos Garcia outlined the cautious outlook late Monday during a conference in Mexico hosted by the Latin American & Caribbean Air Transport Association. The timeline extension highlights ongoing margin squeezes in Brazil's aviation sector even after the carrier's recent financial restructuring.
