Azul closes purchase of TwoFlex, commercial aviation, gol partner

Azul has signed an agreement to buy Regional-acting TwoFlex with a fleet of 18 aircraft, formed from Cessna Caravan. The company, based in Jundiaí (SP), emerged in 2013 from the union between Two Taxi Aéreo and Flex Aero. Last year, the company obtained authorization from the National Civil Aviation Agency (ANAC) to operate flights from Congonhas and also signed a partnership with Gol to expand its regional offer. Flying... TwoFlex offers three air bridge flights connecting São Paulo to Rio de Janeiro, through Jacarepaguá airport in Barra. In addition, there are also flights connecting the capital of São Paulo to the cities of Franca and Barretos, in the interior of São Paulo. All these tickets are sold by Gol's sales channels, due to the partnership sealed in 2019. ... further away. The negotiation with Azul occurs at a time when TwoFlex has expanded its portfolio, expanding the range for regular passenger transport in Brazil, focusing on regional aviation. In the market, another regional aviation is Passaredo, which last year also began flying in Congonhas. It's worth remembering. Last year, Azul tried to buy Avianca, which went into judicial recovery in Brazil, and failed. The company has R$ 6 billion to invest in organic growth and via acquisitions in the country in the coming years. Sought, Azul and TwoFlex did not respond. Gol said that , "the acquisition of TwoFlex by a congenener does not affect its plan of regional expansion and the process of democratization of access to air transport in the country, led by the Company over the 19 years of its history. The agreement with TwoFlex of flight sharing and capacity purchase accounted for only 0.007% of the number of seats offered and 4,185 passengers transported in 2019, representing 0.012% of the total of 35 million Customers served by GOL in the year."