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Azul takes steps to become Brazil logistics, cargo powerhouse

Analysis

Azul Airlines launched its cargo division in 2009, just one year after it debut in Brazil's still-promising market. Since that time Azul has grown its passenger business rapidly, adding widebody jets for long haul flights and new generation Airbus A320neo family jets to utilise opportunities in both the domestic and international markets.

Using the nimbleness of youth and a network that is 70% shielded from competition, Azul Cargo Express has built up a sizeable presence in Brazil, and that geographical density has made a solid contribution to the airline's topline revenue growth.

Azul is looking to deepen its breadth in Brazil's cargo business through a proposed joint venture with the country's postal service, while reports have also surfaced the company could be in talks with Amazon about a potential partnership.

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