Brazilian airline Azul plans further flight frequency reductions due to rising fuel costs caused by tensions and the war in Iran, according to its chief executive John Rodgerson.
The company, already committed to reducing its operational capacity, intends to go further in order to preserve its cash reserves amid significant uncertainty in the energy and air transport markets. Initial reductions primarily affected international routes, but recent adjustments also impact domestic flights.
"When we made our first cuts, we thought the war would be over by now," Rodgerson explained, adding that the company would continue to adapt its network based on costs and demand.
The global airline industry is also affected by similar strategies, with several companies adjusting their capacities to cope with rising kerosene prices and volatility linked to geopolitical conflicts.
Azul, however, claims to favour a targeted approach, maintaining links deemed essential and reducing only the least profitable frequencies.
Community
Comments
Comments are open, but protected against spam. Initial posts and comments containing links undergo manual review.
Be the first to comment on this article.