A Nigerian start-up Green Africa Airways has announced a commitment for up to 100 Boeing 737 MAX 8s. The deal, which has yet to be finalised, is split evenly between 50 firm orders and 50 options. With a list-price value of US$11.7bn, it is Africa’s largest ever aircraft agreement.
The Lagos-based carrier aims to offer “safe, quality and affordable air travel and be a significant contributor to the economic development of Nigeria and the African continent”. It announced in May 2018 that it had received its Air Transport Licence from the Nigerian government and was in the process of obtaining its Air Operator Certificate. Those involved in the project include Tom Horton, former chairman and CEO of American Airlines, William Shaw, founder and former CEO of Viva Air Colombia and Virasb Vahidi, former chief commercial officer of American Airlines. The company initially plans to develop the Nigerian market before building a strong pan-African network.
Babawande Afolabi, the carrier’s founder and chief executive, said: “Today is a historic day for the Nigerian and African aviation industry. This landmark deal takes us much closer to our long-held dream of building a world-class airline that will unlock a new realm of positive possibilities for millions of customers.”
Image credit: Boeing