Brazil's Azul says can drive airline sector consolidation, hires advisers

Brazilian airline Azul said late Monday it has hired advisers to look at consolidation opportunities within the region and that it was in a strong position to drive that consolidation. Azul also said Chile's LATAM Airlines Group had ended a codeshare agreement for domestic flights in Brazil that was launched last year after the pandemic upended air travel - a move that Azul believes was a reaction to its exploration of consolidation opportunities. "Azul is emerging from this crisis in a leadership position in terms of liquidity, network recovery and competitive advantages. Our plans are unchanged and I am confident that we are in the best position to pursue strategic alternatives at this point in time," CEO John Rodgerson said.<br/>