Nigeria has received a dry-leased aircraft from AerCap Holdings, a leasing company.
Air Peace is the first Nigerian carrier to benefit from the
lease, with other domestic airlines expected to follow soon.
On September 17, Festus Keyamo, minister of aviation and
aerospace development, said Nigeria will receive its first set of dry lease
aircraft on October 6.
In a post on X on Friday, Gbenga Saka, special adviser on
digital media to the minister of aviation and aerospace development, said the
development aligns with President Bola Tinubu’s directive to liberalise the
aviation sector and the reform agenda of the minister.
Saka said the dry lease aircraft is the first in over 10
years.
“For the first time in over 10 years, Nigeria has received a
dry-leased Boeing 737-700 aircraft from Aercap Holdings @aercapholdings
@AerCapNV , the world’s largest aircraft
leasing company, with @flyairpeace as
the first beneficiary with others in process,” the post reads.
“This milestone, driven by the Hon. Minister of Aviation and
Aerospace Development, @fkeyamo , stems from the signing of the Cape Town
Convention (CTC) and IDERA in 2024 — key reforms under President Bola Ahmed
Tinubu’s #RenewedHopeAgenda that boosted Nigeria’s global aviation score from
49% to 75%, surpassing several advanced countries.”
He added that as more dry-leased aircraft enter the country,
insurance costs are expected to decline, paving the way for lower airfares.
“This marks the beginning of renewed hope investor
confidence, competitiveness, and affordable air travel for Nigerians,” Saka
said.
‘AIRCRAFT ARRIVAL NEW ERA OF CONFIDENCE IN AVIATION SECTOR’
In a statement on Saturday, Tunde Moshood, special adviser
on media and communications to the minister, said Keyamo unveiled the newly
arrived Air Peace dry-lease aircraft at the Murtala Muhammed Airport (MMA1)
terminal complex in Lagos.
The minister was accompanied by Chris Najomo,
director-general of the Nigerian Civil Aviation Authority (NCAA), Olubunmi
Kuku, managing director of the Federal Airports Authority of Nigeria (FAAN),
and other aviation stakeholders.
Keyamo commended Air Peace for its commitment to the growth
of Nigeria’s aviation sector, describing the aircraft’s arrival as a “new era
of confidence” in Nigeria’s aviation sector.
“We went for the best, we went for AerCap. We were bold
enough to start speaking with AerCap, and I want to thank them for trusting and
believing in us,” he said.
He reaffirmed the government’s commitment to building trust
and institutional capacity that supports airline operations.
The minister added that the government has enacted and
implemented key legislative and policy reforms to ensure a safe and
business-friendly environment for aircraft leasing and operations.
In his remarks, Allen Onyema, chairman of Air Peace,
expressed gratitude to the president and Keyamo for their leadership and
support for indigenous airlines.
According to the statement, the unveiling of the Air Peace
dry-leased Boeing 737-NG marks both the airline’s continued growth and a
revival of investor confidence, reflecting the policy-driven reforms of the
Tinubu administration’s renewed hope agenda for the aviation sector.
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