AirExplore and Air Peace Ink Aircraft Lease Deal

Air Peace to Boost Capacity with Four Boeing 737s

Photo: Anna Zvereva via Wikimedia

Slovakia-based aircraft leasing company, AirExplore, has signed a damp-lease agreement with Nigerian carrier, Air Peace.

The deal, finalised during a recent visit to Lagos by AirExplore CEO Martin Stulajter, will see Air Peace operate four Boeing 737s based in Lagos.

The aircraft will be leased to Air Peace under a damp-lease agreement, commencing in November 2024 and extending through March 2025.

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AirExplore will provide the aircraft, pilots, maintenance, and insurance, while Air Peace will supply the cabin crew under the agreement.

This collaboration will not only benefit the client’s customers but also strengthen our presence in the African aviation market while sustaining revenue during the challenging winter period,” said Martin Stulajter, CEO of AirExplore.

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