SAO PAULO (Reuters) – Mercadolibre Inc and Brazilian airline Gol Linhas Aereas Inteligentes SA on Tuesday introduced a 10-year logistics partnership for cargo transportation within the South American nation.
Beneath the deal, Mercadolibre will solely use six Gol-owned Boeing 737-800 BCF plane, with the choice so as to add one other six plane to the operations by 2025, the businesses mentioned.
Operations are scheduled to start out within the second half of 2022.
With the deal, Gol mentioned it expects its logistics unit GOLLOG so as to add 100 million reais ($21.43 million) in income in 2022 and 1 billion reais over a five-year interval.
The airline additionally mentioned it is going to save about 25 million reais in 2022 and 75 million reais in 2023 due to the partnership, because it updates its plane fleet.
Mercadolibre mentioned it expects to extend its air cargo transportation in Brazil to 40 million packages per yr from 10 million at present.
($1 = 4.6654 reais)
Reporting by Aluisio Alves; writing by Gabriel Araujo; enhancing by Jason Neely
