We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Azul to Initiate Flights to Porto From Campinas Next Year
Read MoreHide Full Article
Azul (AZUL - Free Report) has announced plans to expand operations across Europe with a new non-stop service to Porto, Portugal. The carrier will begin plying on the route Jun 3, 2019 onward from its main hub at Campinas. This thrice weekly service will be operated on Airbus A330 aircraft consisting of 272 seats. Tickets on the route are currently available.
At present, Azul serves Lisbon from Campinas. Additionally, the airline operates flights to Paris in partnership with Aigle Azur. Apart from growing its base across Europe, the new service will help Azul strengthen its footprint in its primary hub.
Notably, solid demand for air travel has been aiding the company immensely in generating higher passenger revenues and in turn, boosting its top-line growth. Passenger revenues, accounting for bulk of the company’s top line, rose 19.6% on a year-over-year basis during the first nine months of 2018. The new service is anticipated to attract significant traffic and further bolster passenger revenues.
Shares of Air France-KLM and Spirit Airlines have rallied 24.5% and 69.8%, respectively, in the past six months. Meanwhile, the International Consolidated Airlines stock flaunts an encouraging earnings history, having outshined the Zacks Consensus Estimate in three of the last four reported quarters, the average beat being 92.9%.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Azul to Initiate Flights to Porto From Campinas Next Year
Azul (AZUL - Free Report) has announced plans to expand operations across Europe with a new non-stop service to Porto, Portugal. The carrier will begin plying on the route Jun 3, 2019 onward from its main hub at Campinas. This thrice weekly service will be operated on Airbus A330 aircraft consisting of 272 seats. Tickets on the route are currently available.
At present, Azul serves Lisbon from Campinas. Additionally, the airline operates flights to Paris in partnership with Aigle Azur. Apart from growing its base across Europe, the new service will help Azul strengthen its footprint in its primary hub.
Notably, solid demand for air travel has been aiding the company immensely in generating higher passenger revenues and in turn, boosting its top-line growth. Passenger revenues, accounting for bulk of the company’s top line, rose 19.6% on a year-over-year basis during the first nine months of 2018. The new service is anticipated to attract significant traffic and further bolster passenger revenues.
AZUL SA Price
AZUL SA Price | AZUL SA Quote
Zacks Rank & Key Picks
Azul carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space are Air France-KLM SA (AFLYY - Free Report) , International Consolidated Airlines Group SA (ICAGY - Free Report) and Spirit Airlines, Inc. (SAVE - Free Report) , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Air France-KLM and Spirit Airlines have rallied 24.5% and 69.8%, respectively, in the past six months. Meanwhile, the International Consolidated Airlines stock flaunts an encouraging earnings history, having outshined the Zacks Consensus Estimate in three of the last four reported quarters, the average beat being 92.9%.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>