15th September, 2023
The Air Peace says it has placed a firm order for five Embraer E175 aircrafts for fleet expansion and renewal.
Allen Onyema, the airline’s Chief Executive Officer, disclosed this in a statement issued in Abuja on Friday.
According to him, obtaining more aircraft is a strategic decision in line with the airline’s ongoing modernization of its fleet.
Onyema said the acquisition is also in line with the airline’s determination to become the operator of the largest and youngest fleet of aircraft in Africa.
The chief executive officer stated that the value of the order is 288.3 million U.S. dollars at list price.
“This reinforces Air Peace’s commitment to enhancing its domestic and regional network connectivity and paves the way for further regional expansion. Deliveries of the 88-seat aircraft start in 2024.
“Already an operator of Embraer’s newest and largest jet, the E195-E2, these smaller aircraft will complement the airlines’ existing fleet, allowing Air Peace to dynamically match capacity to demand, protecting yields and route viability.
“This is another important step in helping to realise our ambition to connect the whole of Nigeria with the entire African continent while also feeding passengers into long-haul flights from our Lagos hub,“ he said.
According to him, the acquisition will enable the airline to continue delivering on its ‘no-city-left-behind’ initiative, which he said is the connectivity that passengers and Africa demand.
He added that the deal would also pave the way to establish local maintenance capabilities in Nigeria, with direct support from Embraer.
“Air Peace’s strategic and innovative approach continues to make them a powerhouse of aviation success in West Africa.
“ Already an E2 operator, it now makes sense to up gauge their ERJ145 fleet, offering passengers more seats and comfort with the E175.
“The commonality of the cockpits between the E1 and E2 fleets also simplifies aircrew costs and management,“ it said.
Onyema quoted Mr. Stephan Hannemann, Embraer VP Sales and Marketing, Head of Africa and Middle East Region, Commercial Aviation, as saying that Embraer, in partnership with Air Peace, is committed to supporting the establishment of local maintenance capabilities.
He said the move was to express acknowledgment of Air Peace’s significant investment in the acquisition of the Embraer fleet of aircraft, which had increased to 18 brand new firm aircraft to date.
Embraer is a global aerospace company headquartered in Brazil. It has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation.
The company maintains industrial units, offices, and service and parts distribution centres, among other activities, across the Americas, Africa, Asia and Europe. “
NAN