Friday, October 25, 2024

West Africa: Air Peace Orders 5 New Embraer E175 Plane Value N226 Billion

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Air Peace, West Africa’s largest airline, yesterday positioned a agency order for 5 Embraer E175 plane.

This strategic choice marks a big step ahead and is in alignment with Air Peace’s ongoing technique of modernising its fleet.

This acquisition is consistent with Air Peace’s dedication to change into the operator of the most important and youngest fleet of plane in Africa.

It reinforces Air Peace’s dedication to enhancing its home and regional community connectivity and paves the way in which for additional regional growth, the airline stated.

Deliveries of the 88-seat plane begin in 2024, based on the airline with the worth of the order, at listing value, price US$288.3m (over N226bn at N785 to a greenback).

The order was signed through the seventh African Aviation Summit and Exhibition in Abuja.

Already an operator of Embraer’s latest and largest jet, the E195-E2, these smaller plane will complement the airways’ present fleet, permitting Air Peace to dynamically match capability to demand, defending yields and route viability.

The Chairman and CEO of Air Peace, Mr Allen Onyema, stated: “That is one other necessary step in serving to to grasp our ambition to attach the entire of Nigeria with your entire African continent, whereas additionally feeding passengers into long-haul flights from our Lagos hub.

“The acquisition allows us to proceed delivering on our ‘no-city-left-behind’ initiative – connectivity is what our passengers, and Africa, demand. The deal additionally paves the way in which to determine native upkeep capabilities in Nigeria, with direct assist from Embraer.”

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