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(15/09/23)
Air Peace, West Africa’s largest airline, has
placed a firm order for five Embraer E175 aircraft, valued at
US$288.3 million at current list prices.
The acquisition is in line with Air Peace’s goal
of having the largest and youngest fleet of aircraft in Africa,
and reinforces the Nigeria-based airline’s commitment to enhancing
domestic and regional connectivity.
Deliveries of the 88-seat aircraft, which will be
used to expand Air Peace’s regional network, are scheduled to
start in 2024.
Air Peace Embraer E175 and E195-E2
“This is another important step in helping to realize 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,” said Allen Onyema, Chairman and CEO of Air
Peace. “The acquisition enables us to continue
delivering on our ‘no-city-left-behind’ initiative – connectivity
is what our passengers, and Africa, demand. The deal also paves
the way to establish local maintenance capabilities in Nigeria,
with direct support from Embraer.”
Already an operator of Embraer’s largest jet, the E195-E2, the smaller aircraft will complement
the airlines’ existing fleet, allowing Air Peace to dynamically
match capacity to demand, protecting yields and route viability.
“Air Peace’s strategic and innovative approach
continues to make them a powerhouse of aviation success in West
Africa,” said Stephan Hannemann, VP Sales & Marketing, Head of Africa & Middle
East Region, Commercial Aviation. “Already an E2 operator, it now makes sense to upgauge
their ERJ145 fleet, offering passengers more seats and comfort
with the E175. The commonality of the cockpits between the E1 and
E2 fleet also simplifies aircrew costs and management.
Acknowledging Air Peace’s significant investment in the
acquisition of the Embraer fleet of aircraft, which has increased
to 18 brand new firm aircraft to date, Embraer, in partnership
with Air Peace is committed to directly supporting the
establishment of local maintenance capabilities in Nigeria.”
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