Brazilian air partner for Argentinian e-commerce platform
Azul Cargo Express, the cargo unit of Azul, a Brazilian airline, has signed a commercial agreement with the e-commerce company Mercado Libre, founded in Argentina in 1999. As a result, Azul will become the only air-shipping partner within Brazil for purchases made on the partner's website.
Leandro Bassoi, VP of Mercado Envios, Mercado Libre's Latin America shipping unit: "To our customers, this partnership means faster deliveries through our and Azul's extensive network, covering the entire country with almost 900 daily flights."
Azul's cargo business grew by 44% during the first half of the year. E-commerce was by far the fastest source of revenue growth increasing by 314% over last year. Mercado Libre currently represents 10% of Azul Cargo Express' revenue. (ah)