Azul Brazilian Airlines is in the process of transforming its fleet and extending its reach, adding Airbus A320neos while reducing the number of Embraer E-Jets and ATR turboprops, and credits the fleet transition for growing its revenue and driving third-quarter net income of R$204 million ($62.6 million). That result was significantly widened from a net profit of R$9.4 million in the 2016 third quarter. Azul operated eight 174-seat A320neos by the end of the third quarter compared with ...

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