Azul reports adjusted net income of r$1.2 bln in 2019

Azul reports adjusted net income of r$1.2 billion in 2019.qtrly passenger traffic grew 31.1% on a capacity increase of 30.5% resulting in load factor of 83.4%, 0.4 percent points higher than in 4q18.qtrly adjusted eps r$1.27.qtrly recurring net income totaled r$436.7 million, compared to r$96.6 million in 4q18.qtrly operating revenues r$3,251.9 million versus r$2,455.2 million.for 2020, we are closely monitoring impact of covid-19 on brazilian economy, preparing ourselves to react as swiftly as needed.by 2022, expect entire narrowbody fleet will be next-generation, resulting in significant cost savings & reduction in fuel consumption.q4 earnings per share view $0.95 -- refinitiv ibes data.
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