Astral Aviation Boeing 767 Freighter © Astral Aviation

Avmax completes major transactions with Astral Aviation

Canada-based Avmax Group has successfully completed two significant transactions with Astral Aviation, a prominent cargo carrier based in Kenya.

The first transaction involved the purchase and lease-back of a Boeing 767-200 Freighter (MSN 22217) airframe, which has been part of carrier's fleet since 2020. The second transaction comprised the dry lease of a Boeing 737-400F (MSN 27082), a pivotal addition aligning with Astral Aviation's fleet optimisation goals.

Steve Hankirk, CEO of Avmax Group, expressed his enthusiasm about the partnership with Astral Aviation, stating, “We are pleased to have completed both transactions with Astral Aviation and welcome them into the Avmax family. Astral continues to demonstrate that they are a leading cargo carrier in the African market, and we are proud to support them with the growth of their airline.”

The announcements were made during this year's AviaDev Conference in Namibia, where industry leaders gather to discuss developments and opportunities in African aviation. The collaboration between Avmax and Astral Aviation marks a significant milestone in both companies' efforts to strengthen their market positions and enhance service offerings.

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