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Avmax Acquires 19 Dash 8s From Qantas, Leases Q200s to Skytrans

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Avmax, the Canadian aviation services company, has completed a significant fleet acquisition deal with Qantas, purchasing a total of 19 De Havilland Dash 8 Series aircraft, comprising three Q200s and sixteen Q300s. The transaction marks one of the largest secondary market moves involving regional turboprops in the Asia-Pacific region this year.

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Sichuan Airlines Expands Fleet with New Airbus A320neo

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Sichuan Airlines (China) has expanded its narrowbody fleet with the addition of a new Airbus A320neo, serial 12478, powered by Pratt & Whitney PW1127G-JM engines. This latest delivery supports the airline’s fleet modernization strategy, improving operational efficiency and sustainability.

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Air Premia Shareholders Clash Over Capital Increase Plans

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South Korean airline Air Premia is currently facing internal tensions between its two largest shareholders, AP Holdings and the Daemyung Sono-JC Partners consortium. The disagreement centers on whether to pursue a capital increase within the year, an issue that could significantly impact the company’s financial trajectory and future development.

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Avianca Reports $58 Million Net Profit for Q3 2024

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Avianca Group International (Colombia) has reported strong financial results for the third quarter of 2024, posting a net profit of $58 million. The airline also saw a 17.6% increase in total operating revenues, reaching $1.3 billion, and ended the quarter with a robust cash position of $1.1 billion.

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Total Linhas Aereas B737-400F Damaged by Cargo Fire in Sao Paulo

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Total Linhas Aereas, a Brazilian airline, faced a critical incident when its Boeing 737-400F, identified by serial 26299, landed at Sao Paulo with an active fire in its cargo hold. Fortunately, the crew was able to escape the aircraft without injury. However, the aircraft sustained significant structural damage due to the blaze. This incident highlights the risks associated with…

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Magma Aviation Plans Fleet Expansion and Relocates Headquarters

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Magma Aviation, a UK-based air cargo solutions provider, is set to enhance its operational capacity with a planned fleet expansion by the second half of 2025. The company aims to secure multiple aircraft, including medium-sized freighters, to complement its existing Boeing 747 international operations. This strategic move is designed to diversify and optimize Magma Aviation’s…