Cross River State’s airline, Cally Air, is set to expand its operations after leasing two Bombardier CRJ1000 aircraft from Aircraft Finance Germany (AFG)—a move expected to boost regional connectivity and infrastructure in Nigeria’s southern region.
The deal, finalized on July 25, was facilitated by AFG Aviation Ireland, with legal advisory from ALN Nigeria | Aluko & Oyebode. The two aircraft (registration numbers MSN 19004 & MSN 19009) can each carry 100 passengers, offering increased capacity for domestic and regional routes.
Why It Matters
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Enhanced Connectivity: The new jets will improve air travel access within Cross River State and neighboring regions.
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Economic Growth: More flights could stimulate tourism and business travel in southern Nigeria.
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Strategic Partnership: AFG called the deal part of its plan to support emerging airlines with flexible leasing solutions.
Legal Backing
A team from ALN Nigeria, led by partner Ayodeji Oyetunde, handled contract negotiations and regulatory compliance, ensuring a smooth transaction.
This development follows other major aviation and infrastructure investments in Nigeria, including the International Finance Corporation’s $50 million funding for the Lagos Free Zone earlier this year.
Key Takeaways:
New Fleet: Cally Air adds two 100-seater Bombardier jets for expanded operations.
Regional Impact: Expected to improve travel and commerce in southern Nigeria.
Legal Expertise: ALN Nigeria played a crucial role in sealing the deal.
What’s Next?
With these additions, Cally Air could become a key player in Nigeria’s aviation sector, competing with major carriers on regional routes.
