Brazil's Azul to invest 6 billion reais in 2020, may raise 195 E-2 aircraft orders: paper
Reuters
Published Oct 17, 2019 10:55AM ET
Brazil's Azul to invest 6 billion reais in 2020, may raise 195 E-2 aircraft orders: paper
SAO PAULO (Reuters) - Brazilian airline Azul SA (N:AZUL) plans to invest 6 billion reais ($1.45 billion) in 2020, the same amount as this year, its Chief Executive John Rodgerson told Valor Econômico newspaper in an interview published on Thursday.
Rodgerson also said Azul may revise up orders for Embraer's new 195 E-2 aircraft, as the economy resumes growth, Valor said. The company has so far ordered 51 195 E-2s to be delivered within five to 10 years, but is considering adding another 24 to the order, Valor reported.
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Written By: Reuters
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