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KlasJet to Lease Boeing 737 to Congo Airways for Six-Month ACMI Contract

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KlasJet, a private jet charter provider and part of Avia Solutions Group, has entered a six-month ACMI (Aircraft, Crew, Maintenance, and Insurance) agreement with Congo Airways to lease a Boeing 737. Starting in November 2024 and running until April 2025, the aircraft will be based at Kinshasa Ndjili International Airport, focusing on domestic flights to help restore Congo Airways’ operations. This lease arrangement offers a reliable and cost-effective fleet addition as the airline recovers its capacity.

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Copa Holdings Reports Decline in 3Q 2024 Profit

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Copa Holdings, the parent company of Copa Airlines based in Panama, reported a 22.1% decline in net profit for the third quarter of 2024, amounting to $146 million. The results reflect a 1.5% decrease in operating revenue, which totaled $854.7 million for the quarter. Despite the downturn, Copa Holdings maintains a strong financial position with $1.3 billion in cash, short-term, and long-term…

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Royal Jordanian to Begin A320neo Deliveries in January 2025, Phasing Out Older A320s

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Royal Jordanian has announced it will begin taking delivery of its new A320neo fleet starting January 2025. The airline has committed to introducing 16 A320neo aircraft to its operations, with these additions set to gradually replace 13 older A320 models as part of a modernization strategy. This transition supports Royal Jordanian’s goals for operational efficiency and sustainability by incorporating fuel-efficient A320neo jets into…

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Iraero Purchases Six Aircraft Engines from Tambov Airport Auction

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Iraero, a regional airline based in Russia, has successfully acquired six aircraft engines through an auction held by Tambov Airport. The starting bid for these engines was set at US$600,000, reflecting a strategic acquisition aimed at bolstering Iraero’s operational capacity and maintaining fleet reliability. The transaction highlights Iraero’s efforts to secure essential assets to support its operations amid fluctuating…

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TransVerde Airlines Seeks $15M to Launch Cabo Verde Domestic Operations

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TransVerde Airlines, a new carrier in Cabo Verde, is actively seeking $15 million through a mix of equity and debt financing to fund the launch of its domestic passenger and cargo operations. The airline, led by founder and president Rui Lima, plans to operate with three leased ATR42/72 aircraft. Brookfield Aviation Finance from the UK is advising TransVerde on securing the necessary funding, which will…

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Allied Air Cargo Adds Second Boeing 737-800F to Fleet

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Allied Air Cargo, a Nigerian-based carrier, recently expanded its fleet by taking delivery of a second Boeing 737-800 Freighter, with serial number 30146. This addition reflects Allied Air’s commitment to boosting cargo capabilities across West and Central Africa, where demand for air freight is growing. The aircraft’s efficiency and payload capacity are well-suited to meet…