Twoflex moves towards Azul
Azul Linhas Aéreas Brasileiras and Two Taxi Aereo, "Twoflex", have signed a binding offer for Azul to acquire the Brazilian regional carrier Twoflex for BRL 123 million (EUR 26.8 million).
Twoflex offers regular passenger and cargo services to 39 destinations in Brazil, of which only three regional destinations are currently being served by Azul.
The airline also holds 14 daily departure and arrival slots on the auxiliary runway of Congonhas (CGH), São Paulo’s downtown airport. Its fleet is composed of 17 owned Cessna Caravan aircraft, a regional turboprop with a capacity of nine passengers - and 1.2 t of cargo.
Azul CEO John Rodgerson: "Twoflex’s cargo operation will also be a strategic addition to Azul Cargo as we look to continuously invest in this logistics platform." (ah)