AZUL Stock Recent News

SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the only company 100% focused on Java, today announced strong growth and continued momentum across the Asia Pacific region as organizations turn to its OpenJDK solutions to address cost and performance challenges in the wake of Oracle's Java SE pricing change and rising cloud expenses. Region Leverages Azul's Solutions to Address Business Challenges Asia Pacific businesses are grappling with new financial pressures as a result of the changes to Oracle's.

AZUL's top line is bolstered by an uptick in air travel demand. However, low liquidity is a major headwind.

CHICAGO--(BUSINESS WIRE)-- #3Dprinting--Azul 3D has launched the OCEAN™ printing platform — the world's largest and most productive area-wide 3D printing solution.

Azul presented good operational trends in its 1Q24 results. It is worth remembering that the airline sector was the most affected by the pandemic and has not yet fully recovered. Another highlight of 1Q24 was the codeshare agreement with competitor GOL, and in my view, this agreement will enhance the company's business model. The valuation shows a 15% discount for Azul compared to its peers when we use the comparative analysis method with the EV/EBITDA multiple.

Brazilian airlines Azul and Gol have informed local antitrust regulator CADE of their new codeshare agreement and do not expect hurdles to be imposed, Azul's chief executive told Reuters.

Brazilian airline Gol said on Tuesday its parent company Abra Group has started talks with airline Azul to "explore opportunities," following media reports earlier this year that pointed to a potential merger.

Azul continues to anticipate 2024 EBITDA to be around R$6.5 billion.

Shares in Brazilian airlines Azul and Gol soared on Friday after they announced a codeshare agreement, connecting their networks and frequent flyer programs in a move that reignited speculation about a potential merger.

Customers will have access to extensive flight connectivity with over 150 destinations and can choose in which program to accumulate points from codeshare flights SÃO PAULO, May 24, 2024 /PRNewswire/ -- Azul and GOL airlines announce today a commercial cooperation agreement that will connect their flight networks in Brazil through a codeshare agreement. This partnership covers all domestic routes operated exclusively, meaning rotes operated by one of the two companies but not the other.

SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the only company 100% focused on Java, today announced the launch of its PartnerConnect training and certification program to empower channel partners to provide advanced Java advisory and delivery services. This new initiative will enable partners to become an instrumental part of Azul's customer success by providing joint customers with fully optimized Java infrastructures, efficient and well-executed OpenJDK migrations, improved Java application perf.