The upward revision, the company said in a securities filing, reflects strong demand, improving fuel prices, expected growth in capacity and a greater number of fuel-efficient aircraft entering its fleet. Sao Paulo-traded shares of Azul slipped some 5% after the report, making the stock the biggest decliner on Brazil's Bovespa stock index, but sell-side analysts welcomed the results. "Azul reported decent results," JPMorgan analysts said in a note to clients, adding that the company offers "significant asymmetry to the upside" even after an upcoming equity dilution related to a deal with lessors.
BALTIMORE (AP) — Massive barges carrying cranes streamed toward Baltimore on Thursday to begin the challenging work of removing twisted metal and concrete in an attempt to open a key shipping route blocked by the wreckage of the Francis Scott Key Bridge. Maryland Gov. Wes Moore promised that “the best minds in the world” were working on plans to clear the debris, move the cargo ship that rammed into the bridge from the channel, recover the bodies of the four remaining workers presumed dead, and
U.S. federal agencies must show that their artificial intelligence tools aren't harming the public, or stop using them, under new rules unveiled by the White House on Thursday. “When government agencies use AI tools, we will now require them to verify that those tools do not endanger the rights and safety of the American people,” Vice President Kamala Harris told reporters ahead of the announcement. Each agency by December must have a set of concrete safeguards that guide everything from facial
Philip Morris International is preparing to launch its flagship heated tobacco device IQOS in Austin, Texas, indicating it will be the first testing ground for its U.S. entry, job adverts on LinkedIn show. IQOS, the top selling heated tobacco device globally, sits at the core of the world's biggest tobacco company's efforts to transform its image from a purveyor of cigarettes to a driving force behind the switch to healthier options.
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