Arik Air, West and Central Africa’s largest airline and Emirate Touch Aviation Services Limited have signed a lease agreement for the airline’s two Boeing 737-300 aircraft.
The Aircraft, Crew, Maintenance and Insurance (ACMI) agreement was signed in Lagos on Wednesday by the chairman of Arik Air, Sir Joseph Arumemi-Ikhide, and the Director-General of Emirate Touch Aviation Services, Prince Isa Bayero.
Under the terms of the agreement, Arik Air is leasing its two B737-300 aircraft (5N-MJA and 5N-MJB) to Emirate Aviation Services for cargo operations.
Speaking at the signing ceremony, Arik Air Chairman, Sir Arumemi-Ikhide, said the event was significant because it marked the first time the airline was going into such an agreement with a Nigerian company.
“We are pleased with this lease agreement with Emirate Touch Aviation Services represented by our revered Kano Prince, Bayero. As a world- class airline, our mission is to build alliances and partnerships and thereby increase capacity in the industry,” he said.
Bayero said he was elated to be going into the partnership arrangement and hoped this would help increase capacity in the industry as envisioned by the founders of Arik Air.
“This is a landmark agreement that will stimulate the growth of cargo operations in Nigeria and points beyond,” Prince Bayero stressed.
http://www.leadership.ng/nga/articles/50140/2013/03/15/arik_air_emirate_touch_aviation_services_sign_lease_agreement.html
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