Keyamo Unveils Nigeria Aircraft Leasing Company To Support Local Airlines

The minister explained that the company would operate as a Special Purpose Vehicle designed to provide airlines with easier leasing opportunities, rather than compete with existing operators.

He added that the initiative would remain private sector-driven with limited government guarantees.

Reacting to the development, the Chief Executive Officer of Ibom Air, George Uriesi, commended the minister for ongoing aviation reforms, describing the leasing initiative as a long overdue development capable of boosting airline operations in Nigeria.