Brazil’s Embraer and Nigeria’s Air Peace ink $2.1 billion deal

Air Peace chief, Allen Onyema says the deal will make the airline the first E2 operator in Africa.

Brazilian aviation company, Embraer SA announced today that it has signed a firm order for 10 E195-E2 jets with Nigerian airline Air Peace, worth $2.12 billion if all purchase rights are exercised, according to a securities filing.

The order will be included in Embraer’s backlog for the second quarter of 2019, the company said.

Air Peace chief, Allen Onyema says the deal will make the airline the first E2 operator in Africa.

“We already have the ERJ145s in our fleet, so we understand the high standards of Embraer products”, he added.

Established in 2013, Air Peace is Nigeria’s largest commercial operator with 23 planes.

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The airline is also active in West Africa, operating daily flights to Accra, Dakar, Banjul and Freetown. In February, Embraer announced it was selling 12 light attack aircrafts to Nigeria’s air force.


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