To help the sector, President Azul defends more flights to Congonhas – 14/12/2018 – Market



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Azul President John Rodgerson said on Friday (14) that the new landing and take-off permits at Congonhas de São Paulo airport were more effective than the release of foreigners.

"We support 100% [à liberação] as long as we can fight with the same weapons," Rodgerson said. "If you want to open [para o capital estrangeiro] let's open it for everything, open the slots [pousos e decolagens] in Congonhas.This would be perfect for us."

The increase in the flight offer to Congonhas is a airline dispute, which defend the measure as one of the solutions to solve financial problems. The government estimates that it will go from 34 authorizations per hour to 39 authorizations.

Following the request for judicial recovery of Avianca, admitted Thursday (13), President Michel Temer signed an interim measure releasing foreigners from the control of companies. 100% of the capital.

Among the disparities with other markets, the president of Azul cites the cost of debt of Brazilian companies compared to that of the United States, which is higher, the price of fuel, the

this reinforces the fact that 50% of Brazilian aviation costs are in dollars and the currency has reached R $ 4 this year.

"Someone can jump to Brazil only when he is supportive and then leave.There is no point in coming here and just enjoying the good times," said Friday Rodgerson, who also holds 45% of the capital of TAP.

David Neeleman, founder and chairman of the board of directors of Azul Valor Economico, that the company was considering an offer to buy Avianca Brasil and that she was considering this possibility short term.

Later, Azul reported that in fact, Neeleman had evoked "the fiduciary duty of the company to evaluate the potential opportunities of the market."

"There is nothing , no trading, every manager has to look at the market, but we have nothing going on, we have upstream growth, "said Rodgerson.

According to him, Azul does not study the offers.

The estimate of the company, which will be 10 years old this Saturday (15), will increase from 15% to 17% next year. with the leader, a hundred new aircraft are expected to arrive soon in the company's fleet, each for an approximate cost of $ 55 million, to be settled over a period of seven years.

Provisional measure and absorption of the demand for pbadengers of Avianca, whose debt reaches 493.9 million rand, President Azul said that "almost nothing will happen" in the short term. "We hope Avianca," he said.

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