One of Latin America's best-run airlines faces significant headwinds and is reportedly pondering moves to try to offset any weakness.

The uncertainty appears to have investors on edge, sending shares of Azul (NYSE: AZUL) down 12% for the week as of Thursday midday, according to data provided by S&P Global Market Intelligence.

The entire global airline industry was hit hard by the pandemic, but few regions felt the impact more than Latin America. Azul was a rare standout in a sector that had experienced several high-profile bankruptcies, and the airline has been trying to go on the offensive in the years since.

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Source Fool.com