Radar > 230148

Azul Linhas Aéreas and TAP Air Portugal create partnership

Azul Linhas Aéreas e TAP Air Portugal fazem parceira

Intel ID : 230148
Synopsis

Brazil-based Azul Linhas Aéreas, headquartered in Barueri, São Paulo state, announced a partnership agreement with Portugal-based TAP Air Portugal, headquartered in Lisbon, as published by newspaper Exame on 5 October 2015, citing its President, Antonoaldo Neves.

With this agreement, Azul started to sell airline tickets to more than 50 European destinations, operated by TAP Air Portugal, from 12 Brazilian cities.

According to the news, the two companies will jointly have 77 weekly flights. TAP already sells Azul's destinations since November 2013.

According to Neves, "This is the first step to a long partnership with TAP".
(content in portuguese)

A empresa aérea brasileira Azul Linhas Aéreas, que tem sede em Barueri no estado de São Paulo, anunciou uma parceira com a companhia aérea portuguesa TAP Air Portugal, com sede em Lisboa, segundo publicou a Exame em 5 de outubro de 2015, citando ao Presidente da Azul, Antonoaldo Neves.

Com esse acordo, a Azul começou a vender passagens aéreas para os mais de 50 destinos europeus ofertados pela TAP Air Portugal a partir de 12 cidades brasileiras.

De acordo com a notícia, as duas empresas juntas contarão com 77 voos semanais. A aérea portuguesa já comercializa os destinos operados pela Azul Linhas Aéreas desde novembro de 2013.

Segundo o Executivo, “Este é o primeiro passo para uma parceria mais extensa com a TAP”.

Intel ID 230148
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Azul Linhas Aéreas
(31 Dec 2019)
Revenue: EUR 580,33m
EBITDA: EUR 247,90m
Net Debt: EUR 400,88m
Exchange Rate:
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Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.02 Aviation
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.02 Aviation
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.