Azul S.A., (NYSE: AZUL) shares come in for a hard landing Monday morning, as the largest airline in Brazil by number of flights and cities served, informs that it has been once more included in the Corporate Sustainability Index of the B3 Stock Exchange maintaining a "B" score on CDP.
The 19th ISE B3 portfolio includes 78 companies from 36 sectors, with Azul once again as the only airline, which highlights its engagement and commitment to environmental initiatives and climate change.
Created in 2005 by B3, ISE reflects the return on a portfolio composed of stocks from companies with the best performance in different dimensions that measure corporate sustainability. It is a tool for comparative analysis of the performance of the companies listed on B3 regarding corporate sustainability.
"This achievement reinforces our commitment to be the best airline in the world and for the world. We are very proud to, once again, be part of the ISE B3 index as a recognition of our focus to bring people, communities, and companies together and to do our part to support Brazil's development," says Alex Malfitani, Azul´s CFO.
With an operating fleet of over 180 aircraft and more than 14,000 Crewmembers, the Company has a network of 300 non-stop routes as of September 2023.
AZUL shares tumbled 52 cents, or 5%, to $9.85.
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