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Green Africa acquires second aircraft, partners Access Bank on asset financing

The newly acquired ATR 72-600 aircraft shortly after it touched down at Murtala Muhammed International Airport Lagos

 

Lagos  Nigeria based value airline, Green Africa has acquired its second owned aircraft,  an ATR 72-600.

The incoming aircraft with manufacturer’s serial number 1064 and registration mark 5N-GAC, will boost the airline’s operating capacity across its existing routes network in the country.

The aircraft is expected to be deployed into operation shortly after securing mandatory regulatory approvals.

It would be recalled that Green Africa’s first owned aircraft acquisition was through a collaboration with Access Bank which provided the naira debt facility to partly funding of the strategic fleet expansion.

Reacting to the latest acquisition, founder and Chief Executive Officer,  Green Africa, Babawande Afolabi said: “We are delighted to welcome our second owned aircraft (5N-GAC) to the fleet. The addition of 5N-GAC will help strengthen a sustainable foundation for Green Africa to grow and deliver on its promise to providing safe, reliable, and affordable air travel to a broader group of customers in the country and across the continent at scale.”

Managing Director / CEO of Access Bank, Roosevelt Ogbonna commented: “At Access Bank, we are committed to empowering businesses that drive economic progress and create long-term value for society. Our partnership with Green Africa reflects our confidence in visionary enterprises that are transforming critical sectors of the economy. Following the strong performance of Green Africa’s first aircraft acquisition, we are proud to extend our support for this second aircraft, which will further enhance capacity and accelerate growth. We remain steadfast in our mission to provide innovative financial solutions that enable businesses to scale, thrive, and contribute meaningfully to Africa’s development.”

Green Africa is a Lagos-based value airline committed to providing safe, reliable, and affordable air travel to customers.

Founded with a mission to use the power of air travel to create a better future, the carrier has become known for its strong track record in on-time performance and affordability.

Over the coming decade, Green Africa aims to better connect Nigeria, open up the West African seaboard, and be a significant contributor to economic development on the continent.

Access Bank, a subsidiary of Access Holdings Plc, is a leading full-service commercial bank operating across 20 countries on three continents. With over 700 branches and well over 70 million customers, the bank combines strong corporate banking expertise with a robust retail and digital banking presence. Committed to enabling economic growth and innovation, Access Bank continues to provide strategic financial solutions that empower businesses and drive sustainable development.

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