- Azul (NYSE:AZUL) has engaged Azorra Aviation LLC to remarket its entire Embraer E190/E195 fleet.
- With this partnership, Azul expects to accelerate the transition of its current E1 fleet to Embraer's next generation E195-E2s, contributing to a significant reduction in operating costs.
- "This advances our initiative to aggressively drive down unit costs, expand margins and transform our fleet to the newest, most fuel efficient and modern fleet in the industry" says John Rodgerson, CEO of Azul.