What’s Next For Azul, Brazil’s No. 2 Airline?


Azul airline company logo on a website with blurry stock market developments in the background, seen on a computer screen through a magnifying glass

Skift Take

Azul is now the second-largest carrier in Brazil. The pandemic did little to deter its growth, but the airline must find a solution for its increasing debt levels. Could a merger fix this?

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Since its inception in 2009, Azul has had a remarkable journey. In the past 15 years, Azul has challenged the dominance of GOL-LATAM’s duopoly in Brazil's domestic market, effectively taking control of one-third of the market and overtaking GOL as the second-largest carrier.

How did it achieve this? 

In our latest Skift Research report, I dug deeper into what makes Azul unique and gives it competitive advantages. 

For starters, Azul offers direc