Mercadolibre and Brazilian airline Gol Linhas Aereas Inteligentes on Tuesday announced a 10-year logistics partnership for cargo transportation in the South American country.
Under the deal, Mercadolibre will exclusively use six Gol-owned Boeing 737-800 BCF aircraft, with the option to add another six aircraft to the operations by 2025, the companies said.
→ GOL and American Airlines close previously announced exclusive deal.
Operations are scheduled to start in the second half of 2022.
With the deal, Gol said it expects its logistics unit GOLLOG to add 100 million reais ($21.43 million) in revenue in 2022 and 1 billion reais over a five-year period.
The airline also said it will save about 25 million reais in 2022 and 75 million reais in 2023 thanks to the partnership, as it updates its aircraft fleet.
Mercadolibre said it expects to increase its air cargo transportation in Brazil to 40 million packages per year from 10 million currently.
Related Topics
SUM Air Takes Off in South Korea: A New Era of Regional Connectivity with ATR Aircraft
China Southern Airlines Breaks Losing Streak: Returns to Profit in 2025 After Five Years of Losses
Cathay Pacific Launches New Direct Route Between Hong Kong and Seattle
Cathay Pacific to Hike Fuel Surcharges by 34% Amid Surging Prices

Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.