Arik Air and Denim Air ended an agreement by which the Dutch lessor had provided a fleet of turboprop aircraft and crew to the airline. The arrangement for wet lease operations terminated on the natural expiration of the contract. The agreement, in place since 2007, provided Arik Air with three Dash 8-Q300 and two Fokker 50 turboprop aircraft as well as crews, maintenance staff and services, enabling the airline to initiate services and increase capacity on low-density routes, on routes where multiple daily frequencies were required and on routes where airports had short runways, such as Port Harcourt (NAF Base) and Warri. Arik Air has deployed two recently acquired new Bombardier Q400 aircraft on routes that previously were served using the Denim Air aircraft. [more]
Arik Air ends wet lease agreement with Denim Air; to use new Q400s
You may also be interested in the following articles...
Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.
Africa's struggles continue as economies weaken and competition intensifies
Africa remains a region with huge untapped potential – as it has for many years. The long term outlook for growth is always bright, particularly if the Yamoussoukro Decision were to be implemented, bringing long overdue liberalisation.