Air Peace orders $2.1bn aircraft from Brazil plane manufacturer

Air Peace seeks FG's buffer for local carriers

By Jite Eriabie with Agency Report

Brazilian aerospace conglomerate Embraer SA on Wednesday said it has signed a firm order for 10 E195-E2 jets worth $2.12 billion with an indigenous airline, Air Peace.

According to a securities filing by Embraer, the order will be included in the plane maker’s 2019 second quarter backlog.

Air Peace had in September last year signed a multi-million dollar agreement with American aircraft manufacturer Boeing for the purchase of 10 brand new B737 Max aircraft.

The agreement was signed at the United States Consulate in Lagos by the Chief Executive Officer of Air Peace, Allen Onyema and Boeing Sales Director for West and Central Africa, Larry Tolliver.

However, the Federal Government banned the aircraft from flying into Nigeria’s airspace following a fatal crash in Ethiopia last month.