São Paulo, January 9, 2018 – Azul S.A., “Azul”, (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of destinations and departures, announces today its preliminary traffic results for December 2017.

Passenger traffic (RPKs) increased 15.4% compared to December 2016 on a capacity increase (ASKs) of 13.1%. As a result, load factor was 83.1%, 1.7 percentage points higher than in the same period last year.

In 2017, load factor increased 2.4 percentage points over last year, reaching 82.1%. Domestic load factor was 80.3% and international was 89.5%.

Azul also ranked as most on-time airline in Brazil and most on-time low-cost carrier in the Americas in 2017 according to OAG’s Punctuality League, the industry's most comprehensive annual ranking of on-time performance.