According to a statement from Slovakian airline AirExplore, the company will lease four 737-800 aircraft from Nigeria-based Air Peace from November 2024 to March 2025. The aircraft will operate under a wet lease agreement, with AirExplore providing the aircraft, pilots, maintenance and insurance, and Air Peace providing the remaining cabin crew for domestic flights within Nigeria.
“We are excited about this new partnership for the winter season,” Martin Stulajter, Chief Executive Officer at AirExplore said. “This collaboration will not only benefit the client’s customers but also strengthen our presence in the African aviation market while sustaining revenue during the challenging winter period.”
This agreement was signed during a visit by a delegation from AirExplore to Lagos where an agreement was reached on the contract.
“We look forward to working closely with the team at Air Peace as we continue to enable each other’s growth and success,” Stulajter said.
Things to consider:
- Air Peace Limited is an airline based in Nigeria. The company operates scheduled passenger services in Cameroon, Gambia, Ivory Coast, Liberia, Saudi Arabia, Senegal, Sierra Leone, South Africa, the United Kingdom and various cities in Nigeria.
- In an interview with Arise News, Air Peace founder Allen Onyema said he planned to establish routes in New York or Houston by the end of 2024.
- Also in the same interview, Allen Onyema said he was planning to establish a non-stop “Abuja-London” route.
- Allen Onyeama reiterated that he needed government support for his airline to prosper.
- In recent days, rumours have emerged that some lessors have reached agreements to resume offering dry leasing to Nigerian airlines, which could mean new terms in future negotiations.
- On September 14, 2023, Air Peace Limited placed a firm order for 5 new Embraer 175 aircraft for delivery in 2024.
- Air Peace Limited owns a subsidiary called LIAT 2020 Limited, which operates in the Caribbean. Air Peace controls 70% of LIAT’s shares.
