Sunday, May 13, 2012

► NIGERIA: Air Nigeria gets its two A330s; to get four 787s?

Air Nigeria's A330-300 leaves for Lagos (Nigeria Aviation News)

In other Air Nigeria related news, following in the footsteps of local competitor Arik Air, who in 2007 placed an order for 7 Boeing 787s, Air Nigeria has placed an order for 4 of the Dreamliners, to be used between Lagos-London, and ultimately, Lagos-Baltimore and Lagos-Dubai-Beijing, though this has yet to be confirmed by Boeing.

Nigerian press reports state that the deal, worth nearly USD$900million, is to be financed by the USEXIM bank.
"THISDAY checks revealed that each of the aircraft will cost the airline $221,775,000, totalling $887,100,000 which will be financed by the USEXIM Bank.
According to the chairman of Air Nigeria, Mr. Jimoh Ibrahim, who confirmed the aircraft orders, as initial deposit, the airline will be required to sign and pay four per cent of the total cost of the aircraft amounting to $35,484,000 by May 22 in London. On delivery, he said the aircraft will fly the Lagos-London, Lagos-Baltimore and Lagos-Dubai-Beijing routes, while one plane will be kept in reserve.
If everything goes according to plan, Air Nigeria will be the first West African airline to have the Dreamliner aircraft in its fleet. Ethiopian Airways has already placed orders for the Dreamliner aircraft, but delivery date is set for 2016."
Read More Here [ThisDay Nigeria]