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
Indian Billionaire Evaluates Launching Domestic Airline to Reshape Duopoly-Dominated Market
IndiGo and CFM Sign Landmark MoU for Over 1,000 LEAP-1A Engines to Power 510 Airbus A320neo Family Aircraft
Farnborough Airshow: Philippine Airlines Bolsters Long-Haul Fleet With Commitment for Up to 20 Boeing 787-10s
Chinese Airlines Expand Fleets With New Order for 95 Airbus Aircraft
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.