Airlines

Gains of Aircraft Dry Leasing

Last week’s delivery of Boeing B777 to Air Peace by AerCap on dry lease arrangement marked the beginning of a new era for Nigerian carriers to expand capacity and become competitive in the global aviation sector. The dry lease delivery was actualised after of a long struggle by the Minister of Aviation and Aerospace Development, […]

Airlines

Air Peace Operations Disrupted Nationwide as Lessor Withdraws Aircraft

Air Peace yesterday explained why it has suffered flight disruption in the past few days, disclosing that four of its aircraft were suddenly withdrawn by its lessor, in a breach of contract that was supposed to come to an end next year. The airline passengers experienced severe operational disruptions yesterday, resulting in flight delays and cancellations […]

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 […]

Airlines

‘Over 140,000 Passengers Travelled to UK through Abuja in 2024’

Chief Customer Officer of Heathrow Airport, Mr. Ross Baker has described Abuja, Nigeria’s Federal Capital Territory as vibrant and important destination, disclosing that in 2024, the Nnamdi Azikiwe International Airport, Abuja recorded over 140, 000 passenger movement between Nigeria and the United kingdom. Baker made this known in his speech during the inaugural ceremony held at Heathrow Airport’s Terminal 3, and also described the launch of direct flight operations between Abujaand London Heathrow by Air Peace as a moment of pride andprogress that symbolises the deepening […]