Airlines

Air Peace Marks Arrival of Dry-lease Boeing 737-700 NG

Nigeria’s biggest carrier, Air Peace, has recorded a major milestone with the arrival of a dry-leased Boeing 737-700 NG from AerCap, the world’s largest aircraft leasing company, marking Nigeria’s first dry lease in nearly a decade and reinforcing global confidence in the nation’s aviation sector. The arrival ceremony drew an impressive lineup of dignitaries, financial […]

Airlines

10 Years After Lessors Blacklisted Nigeria, Air Peace Receives First Dry Leased Aircraft with FG’s Guarantee

Nigeria broke a jinx yesterday when Air Peace Airlines received a commercial aircraft on dry lease from world’s biggest leasing company, Aer Cap, after over 10 years lessors blacklisted Nigerian carriers for not keeping with the terms of leasing agreement in the past. The dry lease was facilitated by federal government’s guarantee, indicating that it […]