Air Peace Orders Five New Embraer E175s For US$288.3m

Air Peace, West Africa’s largest airline, has placed a definite order for five Embraer  E175 aircraft. This strategic decision represents a significant step forward and is consistent with Air Peace’s ongoing fleet modernization strategy.

This acquisition is in line with Air Peace’s goal of becoming the operator of Africa’s largest and youngest fleet of aircraft. It confirms Air Peace’s commitment to improving domestic and regional network connections and opens the stage for additional regional expansion. The 88-seater aircraft will begin deliveries in 2024. The order is worth US$288.3 million at list price.

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“This is another important step in helping to realise our ambition to connect the entire Nigeria with the entire African continent, while also feeding passengers into long-haul flights from our Lagos hub,” said Mr Allen Onyema, Chairman and CEO of Air Peace. The acquisition allows us to continue delivering on our ‘no-city-left-behind’ programme because connection is what our passengers, as well as Africa, demand. The agreement also sets the way for Embraer to provide direct support for the establishment of local maintenance capabilities in Nigeria.”

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Air Peace is already an operator of Embraer’s newest and largest jet, the E195-E2, and these smaller aircraft will complement the airline’s existing fleet, allowing it to dynamically adapt capacity to demand, protecting yields and route viability.

“Air Peace’s strategic and innovative approach has assisted them remain a driving force in West African aviation success.” As an E2 operator, it makes sense for them to expand their ERJ145 fleet, giving passengers additional seats and luxury with the E175. The shared cockpits of the E1 and E2 fleets also reduce aircrew costs and management.