Cargo Facts
SUBSCRIBE
  • NEWS
  • DATA
  • MULTIMEDIA
  • MAGAZINE
    • Issue Archive
    • Weekly Update
  • PODCAST
  • EVENTS
  • CONSULTING
Thursday, April 22, 2021
Log In
No Result
View All Result
  • Aircraft Leasing
  • Capacity & Demand
  • Carriers
  • E-Commerce
  • Engines
  • Express
  • Freighter Aircraft
  • Freighter Conversions
Cargo Facts
  • NEWS
  • DATA
  • MULTIMEDIA
  • MAGAZINE
    • Issue Archive
    • Weekly Update
  • PODCAST
  • EVENTS
  • CONSULTING
Log In
No Result
View All Result
Cargo Facts
No Result
View All Result

Freighters, and a new logistics venture, for Brazil’s Azul

David Harris by David Harris
March 20, 2018
in Carriers, Express, Freighter Aircraft, Strategy
Share on FacebookShare on TwitterShare on LinkedIn
Azul currently operates 124 passenger aircraft (including this A330-200), but will soon add two 737-400 freighters to be used in a logistics joint venture with Correios, Brazil’s postal service. Photo: Alexf/Wikimedia

In late December last year, Brazil-based airline Azul Linhas Aéreas Brasileiras issued a joint press release with Correios (the country’s postal service), announcing their plan to form “an integrated logistics solutions company,” with operations to begin in the first half of 2018.

At that point, the plan was in the form of a non-binding Memorandum of Understanding, and, with much of the world more involved with Christmas holiday activities than with work, the announcement gained little notice.

But three months later, with the publication of Azul’s 2017 annual report, it is time to pay attention.

Azul has a large passenger fleet, including seven A330-200s, and has seen significant growth in its cargo business. Cargo revenue was up close to 60% in the fourth quarter of 2017 and 50% for the full year, and not only is Azul still expecting the joint venture to be underway soon, it is also planning to add freighters.

Here is what the company had to say about the jv: “In December, Azul signed an MoU with Correios, Brazil’s postal service, for the creation of a private integrated logistics company. Azul will own 50.01% of the new company after the agreement is approved by Brazilian authorities.”

And about the freighters: “as a result of the significant growth of its cargo business, Azul intends to lease two used 737-400 freighter aircraft with deliveries expected for the second half of the year.”

Where will these freighters come from? According to a recent report in ch-aviation, the two will be units 28198 and 28053. The first is an ex-Miami Air International aircraft acquired by Vx Capital Partners in August 2017 and converted to freighter configuration by PEMCO World Air Services. Once redelivered, Azul has been quoted as saying it will operate between Sao Paulo (VCP) and Manaus (MAO).  The second, also ex-Miami Air, was acquired by Vx in early March 2018, and is believed to be in conversion now.

Interested in learning more about the narrowbody freighter conversion market? Then join us at Cargo Facts Asia 2018, where we will devote an entire session to just that subject.

Cargo Facts Asia will be held 23-25 April, at the Mandarin Oriental Pudong in Shanghai. For more information, or to register, visit www.cargofactsasia.com

Tags: 737-400FAir Cargo StrategyAircraft FleetAzulBrazilFreighter conversionPEMCO
Previous Post

Demand grows in Hong Kong and Singapore

Next Post

FedEx reaps benefits of tax cuts in 3Q18

Related Posts

SpiceJet looks to double freighter fleet
Carriers

SpiceJet looks to double freighter fleet

April 21, 2021
Cargo Facts Asia: More widebody freighter usage for e-commerce driven by pandemic
Carriers

Cargo Facts Asia: More widebody freighter usage for e-commerce driven by pandemic

April 20, 2021
China Airlines’ Liu on keeping 747Fs flying even as 777Fs arrive
Carriers

Cargo Facts Asia: China Airlines’ Liu on keeping 747Fs flying even as 777Fs arrive

April 20, 2021
Next Post

FedEx reaps benefits of tax cuts in 3Q18

Leave a Reply Cancel reply

Your email address will not be published.

By subscribing you agree to our Terms of Use and Privacy Policy

Get Latest Issue

CARGO FACTS CONSULTING

Amazon commits to 15 more 737-800BCFs, GECAS confirms role as lessor

CFC: Amazon air network spend exceeds $1B per year as dedicated fleet grows

March 19, 2021
4 airlines that could end up with NCA’s 747-400Fs

Japanese air exports up in December and January, imports down

March 3, 2021
  • About Us
  • Help Center
  • Privacy Terms
  • ADA Compliance
  • Advertise

Follow Us

twitter twitter linkedin podcast

© 2021 Royal Media & Cargo Facts

No Result
View All Result
  • News
    • All News
    • Aircraft Leasing
    • Capacity & Demand
    • Carriers
    • E-Commerce
    • Engines
    • Express
    • Freighter Aircraft
    • Freighter Conversions
  • Data
  • Multimedia
  • Magazine
    • Issues Archive
  • Podcast
  • Events
  • Consulting
  • Subscribe
  • Log In / Account

© 2021 Royal Media & Cargo Facts

Go to mobile version