Western African Air Carrier Undertakes Fleet Modernization Effort
Embraer S.A., the multinational aerospace manufacturer of commercial, military, executive, and agricultural aircraft founded in 1969 and headquartered in São Paulo, Brazil, announced that Nigeria based Air Peace, Western Africa’s largest airline, has placed a firm order for five Embraer E175 narrow-body airliners, thereby embarking upon an ambitious fleet-modernization effort. The acquisition speaks compellingly to Air Peace’s ambition to operate Western Africa’s largest and youngest fleet of transport category aircraft. Deliveries of the 88-seat aircraft are slated to commence in 2024. The order’s list-price value is $288.3-million.