Air Peace Boss,Onyema, Hails Aviation Minister’s MRO Initiative

The leading airline in Sub-Saharan Africa seals historic maintenance deal with Embraer
September 15, 2023
USAir Peace CEO Reveals Why Airline Is Yet To List On Capital Market
Allen Onyema

Chairman of Air Peace, Allen Onyema, has applauded the Minister of Aviation and Aerospace Development, Festus Keyamo, for his initiative of ensuring fleet growth is matched with inward investment in maintenance support.

Keyamo has mandated airlines acquiring aircraft to also work with the Original Equipment Manufacturer to set up a maintenance facility locally to service the aircraft.

Onyema commended the new Aviation Minister at the 7th edition of the Aviation Africa Summit on September 14, 2023, while signing a firm order for five brand new Embraer 175 jets valued at $288.3 million USD.

Join our WhatsApp Channel

He said: “The Honourable Minister has just scored a first in just a month of being appointed. He called me in two weeks ago and said, going forward, any Nigerian airline that wants to bring in brand new planes must also think of maintenance responsibility for those planes in-house and within Nigeria.

“He made it compulsory that if you are going into the acquisition of more than 20 aircraft, you must show evidence that the OEM is also going to support the setting up of a maintenance centre in Nigeria for the local maintenance of such planes and for third parties too because you know the amount of billions we export outside the country for doing maintenance.

“Part of the things signed today is the setting up of a maintenance capability in Nigeria. We are going to have a maintenance centre in Nigeria with Embraer’s support. That will be set up in due course so that all these fleets of Embraer jets will be maintained in Nigeria. So, I thank the Honourable Minister for leading this. That is why I said he has scored a first. This is what we talk about somebody working without vested interests. Someone whose interest is for the good of the nation.

“This new maintenance initiative is good for this country, West Africa and the entire Africa and it is good for the world because sometimes you find airlines from America bringing their planes down here for maintenance whenever they have a glut over there.

He stated that setting up local maintenance facilities would help Nigeria’s reserves and the airlines in Nigeria and West Africa to conserve their meagre forex. Onyema thanked the DG, NCAA, Captain Musa Nuhu, for the regulator’s top-notch oversight over the years making Nigerian skies the safest in the world, adding that “whatever thing you hear to the contrary is as a result of stigmatisation because of the money they get from insurance out of us”.

PBA Reporter
+ posts

Featured Stories

Latest from News

U.S. Freezes Immigrant Visas for 75 Countries

The United States has announced a suspension of immigrant visa processing for nationals of 75 countries, as the Trump administration implements stricter screening rules for applicants potentially reliant on government assistance. The U.S. Department of State confirmed on Wednesday that the suspension

Nigeria Signs ASUU Deal That Could End University Strikes

Nigeria’s Federal Government and the Academic Staff Union of Universities (ASUU) have signed a new agreement aimed at improving the quality of tertiary education and preventing repeated industrial actions. The pact, unveiled on Wednesday at the Tertiary Education Trust Fund (TETFund) Conference

Nigerian Guild of Editors Mourns Yakubu Mohammed, Dan Agbese

The Nigerian Guild of Editors (NGE) has expressed deep sorrow over the passing of two distinguished journalists, Yakubu Mohammed and Dan Agbese. Both men were among the three surviving co-founders of Newswatch Magazine, and their deaths mark the loss of irreplaceable figures

60% VAT Formula Could Reduce South-East Allocation, Chidoka Warns

Former minister Osita Chidoka has warned that a proposed change to Nigeria’s Value Added Tax (VAT) formula could sharply reduce allocations to South-East states. In a post shared on his public WhatsApp channel, Chidoka highlighted that the South-East contributed ₦101.09 billion to
Fire Outbreak At Crude Storage Facility In Rivers: No Casualties - NNPC
Previous Story

NNPC Retail’s N18.4 Billion Q1 Profit Post OVH Energy Deal- Mele Kyari Reveals

Next Story

NAFDAC Tackles Decline In Pharmaceutical Imports, Promotes Local Production

Don't Miss

Top Five Most Valuable Banks In Nigeria

The Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank
Russia-Ukraine War: Russia Force Sending Nigerian, Other African Students To War For Visa Renewal- Report

Russia-Ukraine War: Russia Force Sending Nigerian, Other African Students To War For Visa Renewal- Report

Reports have surfaced that Russia is allegedly coercing thousands of