SAO PAULO, Aug 12 (Reuters) - Brazilian airline Azul ( AZUL )

reduced its estimate for 2024 core earnings on Monday

while bumping up its leverage forecast in the face of slower

than previously expected capacity growth and weakness of

Brazil's currency.

Azul ( AZUL ) now expects earnings before interest, tax, depreciation

and amortisation (EBITDA) to be "more than 6 billion reais"

($1.1 billion)" this year, it said in a securities filing, down

from a previous projection of about 6.5 billion reais. Its

leverage ratio was forecast to end 2024 at 4.2, above the 3.0

estimated previously.

($1 = 5.5064 reais)

(Reporting by Gabriel Araujo

Editing by David Goodman

)