At the first day of the ALTA Airline Leaders Forum in Panama City, the largest event of its nature for the Latin American and Caribbean commercial Aviation industry, Air Panama has signed a contract with Fokker Services for the landing gear overhauls of their Fokker 50 fleet. In May 2012 Fokker Services announced the extension of the Fokker 50 Landing Gear Life from 60.000 to 72.000 flight cycles. Air Panama currently operates 3 modern types of Fokker aircraft for various routes, as they are replacing their older Fokker 27 aircraft. Between August and September 2010, Air Panama received two Fokker 70s, their first jet aircraft. In September 2011 the company acquired two Fokker 50 aircraft from Scandinavian Airlines and earlier in 2012, two Fokker 100 aircraft where added to the fleet. To adapt to the current demand in seat capacity Air Panama is planning to exchange their Fokker 70 aircraft with more Fokker 100 aircraft.