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$2.1bn deal with Embraer: Why we ordered 30 new E195-E2 jets, by Onyema, Air Peace boss

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By Lawani Mikairu

LAGOS— AIR Peace airline has placed an order for 10 brand new Embraer 195-E2 aircraft.

Air Peace
Air Peace

The order comprises purchase rights for a further 20 E195-E2 jets.

The aircraft is a 124-seater jet in dual class and 146-seater jet in single class configurations respectively. With all purchase rights exercised, the contract has a value of $2.12 billion based on current list prices.

The deal which was unveiled Wednesday, during Embraer Business Meeting with the Aviation World in Port Louis, Mauritius, makes Air Peace the first to order the brand of jets in the whole of Africa, thereby becoming the official launch customer of the brand of aircraft in Africa.

Speaking on the latest order in Port Louis, Air Peace Chairman and Chief Executive Officer, Mr. Allen Onyema said: “Embraer’s new E195-E2 presents us with a marvel of economic performance. It’s also great that we will be the first E2 operator on the African continent. We already have the ERJ145s in our fleet, so we understand the high standards of Embraer products.”

The E195-E2 aircraft, he said, would strengthen Air Peace’s drive to deploy the right kinds of aircraft to under-served and un-served domestic and regional routes under its no-city-left-behind project.

Commending President Muhammadu Buhari for creating an enabling environment for the growth of aviation in Nigeria through waving customs duties on commercial aircraft, engines and spares as well as granting value-added tax (VAT) waiver, Onyema said: “Without these noble gestures from my President, Muhammadu Buhari, Air Peace would not have been able to achieve this growth.”

Responding, Vice President, Sales Africa, Embraer Commercial Aviation, Mr. Raul Villaron said: “Air Peace embodies the kind of pioneering spirit Embraer loves.

“The airline was established to bring highly skilled work opportunities to the people of Nigeria, boosting connectivity, and therefore, the economy, in the region.”



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