Magma expands to Dubai with two freighters, as ASG keeps growing
Magma Aviation, the Avia Solutions Group-owned airline, has expanded with a new base and two ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
The likely fate of Jade Cargo’s (remember it?) aircraft was much debated when the joint venture carrier grounded its fleet at the end of 2011. After much speculation, China’s UniTop signed an LOI for the aircraft – but never took them. Anyway, finally now there is to be an auction of three 747-400Fs, including engines, with a starting price of CNY1.32bn ($207m). The sale will take place in Shenzhen on October 26.
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