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
There’s a new freighter on the scene. The AN-178 took its first flight last week and has already racked up 10 orders, with expressions of intent for two more. The $40m aircraft, which has a payload of between 10 and 18 tons and a range of up to 4,000km, is designed to replace the AN-12. Silkway Airlines is to buy 10, while Chinese Beijing A-star Airspace and Technology Co intends to buy two – and also to consider production of the Ukrainian-made plane in China.
On another Silkway note, its Italian subsidiary, SW Italia, is to place a 747-8F into its Malpensa-based operation.
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