Azul Q1 FY26 net profit more than doubles to R$ 6.02 billion; revenue rises 1.4% to R$ 5.47 billion

• Azul posted net profit of BRL 6.02 billion in Q1 2026, more than doubled from year-earlier, helped by BRL 7.52 billion in deferred tax income.
• Revenue rose 1.4% to BRL 5.47 billion, while operating profit climbed 32.2% to BRL 1.96 billion as operating expenses fell 10.2%.
• Financial result swung to a loss of BRL 3.45 billion as financial expenses increased 77% to BRL 4.95 billion on a BRL 5.09 billion fair value adjustment.
• Total loans and financing dropped to BRL 9.71 billion as of March 31, 2026, from Chapter 11 emergence actions including debt-to-equity conversion and Exit Notes issuance.
• Capacity fell 2.7% to 12,453 million ASKs, while load factor rose 2.3 percentage points to 83.8%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Azul SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-26-003373), on June 09, 2026, and is solely responsible for the information contained therein.