Azul June Network Update

São Paulo, May 20, 2020 – Azul S.A. (“Azul”) announces today that it will increase its June schedule to 168 flights per peak day compared to 115 daily departures in May, and 70 flights per day in April. In addition, the Company will be flying to 57 domestic destinations in June, up from 38 cities served in May and 25 destinations served in April.

“Although our June capacity is still approximately 80% down year over year, we are seeing a positive trend in demand since the outbreak of the Covid-19 pandemic. We will continue to monitor revenue conditions and expand our network as several cities in Brazil gradually lift travel restrictions and demand returns, especially in the state of São Paulo, which is expected to have restrictions eased starting in the first week of June. Our fleet flexibility and network connectivity allows us to deploy the capacity that can efficiently capture the most demand during this period. We have aircraft ranging from nine seats to 214 seats, which allows us to customize our network to the evolving demand scenario ”, said Abhi Shah, Azul’s Chief Revenue Officer.