Reuters

Brazilian airline Azul plans further frequency cuts as fuel shock bites • Reuters (opens in new tab)

Covered by The Overspill

Gabriel Araujo: Brazilian airline Azul is stepping up capacity cuts amid higher jet fuel prices linked to the Iran war, and ​the carrier will continue to trim flying to protect cash ‌in an uncertain environment, CEO John Rodgerson said. Rodgerson told Reuters the industry's largest companies were reducing capacity to better align with demand at higher cost levels, and Azul ​would follow suit, going beyond earlier cuts as the conflict drags ​on. "When we made our initial cuts, we thought the w...

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