Azul Cargo leasing freighters
The Brazilian carrier Azul is to lease two used Boeing B737-400Fs to support the rapid growth of its cargo business unit, Azul Cargo Express. Both aircraft are expected to be delivered during H2/2018.
Izabel Reis, director of Azul Cargo Express: "We have decided to order these freighters because we see the need to have some dedicated narrowbody aircraft to support the growth of our cargo business. With these planes, we'll have greater versatility and we will also be able to offer new services, such as air charter."
The B737-400F can hold up to 20 t of cargo. With more capacity and higher flexibility, Azul Cargo Express expects to grow revenues by 40% this year, expanding its service offering throughout Brazil.
In 2017, Azul's cargo business registered a 49% revenue growth compared to the previous year. (ah)