Ibom Air is set to add an additional Airbus A220-300 to its fleet. The airline’s acquisition of this new aircraft is a strategic move to boost its capacity and meet growing demand for its product.
In October 2021, Ibom Air put in a firm order for 10 Airbus A220-300 aircraft, the first of which was delivered in November 2023. However, with demand for the airline’s product outpacing the delivery schedule of the order, the airline decided to purchase this A220 from Carlyle Aviation, a world-renowned aircraft lessor and global player in the industry.
The delivery event, which was held at Maastricht Airport in the Netherlands, was personally attended by the Shareholder, Mr Umo Eno, Governor of Akwa Ibom State, accompanied by a few dignitaries, including the Secretary to the State Government, Mr Enobong Uwah and Mr Effiong Etim Johnson, Chief Whip, Akwa Ibom State House of Assembly, amongst others. Also in attendance were Ibom Air’s Executive team, led by the Accountable Manager and CEO, Mfon Udom; the Executive Director and COO, Mr. George Uriesi; and other Ibom Air Management team members.
The addition of this aircraft will bring Ibom Air’s fleet of A220s to 11, after the delivery of the outstanding nine units. It is worth noting the continuing embrace of aircraft financing by Nigerian banks. This new purchase was financed by both Fidelity and Union Banks, with Fidelity as the majority partner. Ibom Air is delighted to have Nigerian financial institutions supporting its growth.
