At the end of October, the sub-Saharan regional carrier Fly Angola (EQ) received two planes from the Canadian-based leasing company Avmax. Let’s see what aircraft the African carrier received and for what purpose.
Fly Angola expands its regional fleet
In late October, Canada-based leasing company Avmax expanded its customer base in the sub-Saharan region by delivering two planes to regional carrier Fly Angola.
The two aircraft are a 21-year-old Embraer E-145 and a 31-year-old De Havilland Canada (DHC) Dash 8-300. These two aircraft have joined a strategically mixed fleet, whose objective is to serve the airline’s domestic and regional network from its base airport, Luanda Quatro de Fevereiro International Airport (LAD).
On the occasion, Avmax CEO Steve Hankirk said he was excited to grow the company’s customer base in this part of Africa. Indeed, the sub-Saharan region is experiencing a strong recovery in air traffic, and Fly Angola is seen as a “promising” airline that can effectively meet the country’s growing demand.
The sub-Saharan region: the stronghold of Avmax
By delivering the two aircraft to the Angolan regional carrier, Avmax further strengthens its presence in the sub-Saharan region.
Avmax has gained years of experience working with airlines in this region of Africa, delivering different types of aircraft to various airlines depending on their networks, passenger demand and the types of airfields these airlines serve. Given the nature of the demand for air transport in this area, Avmax has specialized in regional aircraft, such as the two recently delivered to Fly Angola, namely the Dash 8 and the Embraer 145. These two types of egional aircraft are indeed suited to serve the vast majority of national and regional routes in Africa.
Photo: de Havilland Canada
According to Hankirk, the combination of Avmax’s expertise and experience with airlines in the sub-Saharan region and Fly Angola’s ambitious growth strategies will allow both companies to grow and prosper in the years to come.
The need for additional capacity
The need for Fly Angola to add not one, but two aircraft to its fleet stems from the words of Avmax Senior Vice President and Head of Avmax Aircraft Leasing Inc., Scott Greig.
Greig points out that not only is air traffic recovering rapidly in the sub-Saharan region, but in some cases the number of passengers is also exceeding that of 2019. The Angolan aviation market is no exception to this relevant recovery. Consequently, the regional carrier had to quickly adjust its capacity to take advantage of the upward trend in demand.
Photo: Getty Images
Avmax also has another reason to be excited about the new customer. Indeed, Fly Angola will be the African launch customer for the company’s new insurance product, offered by Avmax’s subsidiary, ARTS (Aerospace Risk Transfer Solutions). The airline’s CEO, Belarnicio Muangala, also expressed his enthusiasm for the new partnership, saying:
“Avmax has gone the extra mile when it comes to bespoke aviation solutions. We met a company willing to understand our needs and constraints. We see a strategic partnership taking shape that will boost our growth projects.”
Some facts about Fly Angola
Fly Angola is a relatively new African carrier. Founded in 2018, it currently operates a small fleet of regional jets.
According to ch-aviation, Fly Angola serves only five domestic destinations, operating four routes. The largest aircraft in the fleet is an 11-year-old Boeing 737-700. The carrier does not own the aircraft, which is operated on a wet lease basis. Additionally, the carrier was already operating a 22-year-old Embraer 145.
Simple Flying has contacted Fly Angola and Avmax for further comment. We’ll update the article with any additional announcements.
- Stock code:
- Creation date :
- Francisco Gomes Neto
- Head office location:
- Sao Paulo, Brazil
- Key product lines:
- Embraer 170, Embraer 175, Embraer 190, Embraer 195, Embraer 175-E2, Embraer 190-E2, Embraer 195-E2
- Type of company: