Air Nigeria to Lose 4 Aircraft to Lessor
Following the suspension of its operations by the Nigerian Civil Aviation Authority (NCAA), Air Nigeria Airline will succumb to the pressure of its lessor as it is set to return four of its aircraft.
It had earlier been reported that GE Capital Aviation Services (GECAS), who leased some of the aircraft to Air Nigeria, was reviewing its financial exposure to the airline and has already concluded plans to recall five of the B 737-300′s it leased to carrier.
Spokesman to Air Nigeria, Samuel Ogbogoro said that the company will return four of its aircraft to the lessor, GECAS, following the request to repossess the Boeing 737-300 planes.
Ogbogoro said the lessor was already in the process of “calling back the aircraft”.