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Cover franked with 1931 2c carmine and 1c orange 'R. de C.' issue both with '1931' overprints tied by LEON cds dated JUN 23 1931 and additional 1928 15c carmine applied in MANAGUA cancelled by boxed CORREO AEREO MANAGUA cancel dated JUL 23 1931 (SG 658, 665 & 599). Addressed to USA with straight line 'CORREO AEREO' marking in purple. In the aftermath of the March earthquake all airmail stamps were recalled to Managua. Airmail letters were sent with payment from the originating P.O. to Managua where they were franked for onward transmission.