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Nigeria’s first dry-leased aircraft in over 10 years arrives, signaling major aviation reform.
Nigeria has received its first dry-leased aircraft in over a decade—a Boeing 737-700 from AerCap—marking a major step in aviation reforms following the country’s ratification of the Cape Town Convention and IDERA in 2024.
The aircraft, operated by Air Peace, is the first under a new leasing framework backed by a government guarantee, ending years of international leasing restrictions.
This shift is expected to boost investor confidence, reduce insurance costs, and lower airfares.
Aviation Minister Festus Keyamo called it a milestone in modernizing Nigeria’s aviation sector, with plans to establish a sovereign-guaranteed leasing company to help airlines access modern aircraft.
Other domestic carriers are expected to follow, signaling a new era of growth and improved global competitiveness.
El primer avión arrendado en seco de Nigeria en más de 10 años llega, lo que señala una importante reforma de la aviación.