RIO DE JANEIRO, BRAZIL - Azul (AZUL4) is preparing to go shopping after the Covid-19 pandemic. According to a notice released on May 24, the airline states that "a consolidation movement is a post-pandemic industry trend and Azul is in a strong position to lead a process in this direction."
The company also reports that it hired consultants at the end of the first quarter to "actively study industry consolidation opportunities."
"Azul is emerging from this crisis in a leadership position in terms of liquidity, network recovery, and competitive advantages," the company's CEO John Rodgerson states in yesterday . . .