Mercadolibre, Brazilian airline Gol announce logistics partnership

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. Operations are scheduled to start in the second half of 2022. With the deal, Gol said it expects its logistics unit GOLLOG to add 100m reais ($21.43m) in revenue in 2022 and 1b reais over a five-year period. The airline also said it will save about 25m reais in 2022 and 75m reais in 2023 thanks to the partnership, as it updates its aircraft fleet.<br/>
Reuters
https://www.reuters.com/article/idUSKCN2MB11C
4/19/22