|Bid||21.96 x 900|
|Ask||21.95 x 800|
|Day's Range||21.57 - 22.30|
|52 Week Range||5.60 - 25.84|
|Beta (5Y Monthly)||1.76|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Presenting today will be David Neeleman, Azul's Founder and Chairman; and John Rodgerson, CEO. Alex Malfitani, our CFO; and Abhi Shah, our Chief Revenue Officer, are also here for the Q&A session. Before I turn the call over to David, I'd like to caution you regarding our forward-looking statements.
Airline Azul SA said on Thursday it expects its 2022 pretax income to exceed pre-pandemic levels in 2019, with executives optimistic Brazil will mount a strong economic recovery after a crushing second wave of the COVID-19 pandemic. Shares fell 2% on the news in Sao Paulo. Azul's chief executive, John Rodgerson, said he has been criticized for being too optimistic in the past, but reiterated that in his view Brazil is poised for a strong recovery, pointing to climbing vaccination rates.
Low passenger revenue and currency related headwinds are likely to get reflected in Azul's (AZUL) March-end financials.