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Air Peace Flays Expert Over Comments On Acquisition Of B777 Aircraft

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Air Peace has condemned the Secretary General of the Aviation Safety Round Table Initiative (ASTRI), Mr John Ojikutu for alleging that domestic airlines’ outright acquisition of aircraft is a “clever way for (sic) capital fight”.

Speaking with a national newspaper on the operations of domestic airlines, Ojikutu was quoted as saying: “Something could be wrong with the decisions of those Nigerians in choosing outright buying (of aircraft).

“Believe it or not, it is a clever way for capital flight. Imagine an airline with two B777 paid for outright without designated routes! The cost of each of these aircraft is not less than $150 million.

“Even if the routes are certain, a better option would have been wet lease of about six months that would allow Nigerians to be trained, transferred to the aircraft and thereafter converted to dry lease for another six months. If the routes are unprofitable, the airline can go for outright purchase.”

But reacting to the comments in a statement issued by its Corporate Communications Manager, Mr. Chris Iwarah, Air Peace said Ojikutu’s position was an undisguised attack on its image as a responsible corporate citizen working flat out to contribute to Nigeria’s economy and do the nation proud through efficient domestic, regional and international air services.

The airline dismissed Ojikutu’s views on outright purchase of aircraft and the option of wet lease as a product of ignorance and envy. Air Peace recently took delivery of its second Boeing 777 aircraft for its planned long-haul operations.



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