São Paulo-based Azul Brazilian Airlines views more efficient aircraft joining its fleet—specifically the Airbus A320neo and Embraer E195-E2—and new revenue streams from ancillary fees as keys to what it is characterizing to investors as a “ton of upside” going forward. Buoyed by an initial public offering (IPO) that raised $570 million in April, Azul executives said a more stable Brazilian economy helped it narrow its second quarter 2017 net loss by 71.7% ...

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