Air Peace Boeing 777 aircraft. Photo credit : Air Peace
Nigeria carrier, Air Peace, has released the third aircraft, an Airbus A320 aircraft, in its fleet, to Latvia-linked leasing company SmartLynx Airlines, barely six months after a dispute between both parties escalated into a legal battle.
Insider information indicates that the aircraft was released following an out-of-court settlement reached between the airline and the lessor after months of tension over allegations of contract breaches and operational disruptions.
The aircraft, which had remained grounded at the Murtala Muhammed Airport, Lagos, was reportedly released earlier this week and had already departed Nigeria for Spain as of Tuesday.
The development marks another chapter in the lingering disagreement between the two aviation companies, which began in November last year after Air Peace accused SmartLynx Airlines of abruptly withdrawing two aircraft from its operations while grounding the third aircraft in Lagos.
