Brazil airline Azul freezes hiring, puts workers on unpaid leave due to coronavirus
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SAO PAULO, March 12 (Reuters) - Brazil airline Azul on Thursday became the first Latin American carrier to implement a hiring freeze and also put some workers on unpaid leave as the carrier grappled with collapsing demand due to the global coronavirus outbreak.
Azul on Friday also disclosed it had a net loss of 2.3 billion reais ($477.69 million) in the fourth quarter of 2019, affected by a weak Brazilian currency. ($1 = 4.8148 reais) (Reporting by Marcelo Rochabrun; Editing by Christian Plumb)
