The airline cited “unforeseen lessor issues” without details. It also stated that despite efforts to manage the situation and avoid disruption, flights will remain grounded until after the Eid-Al-Fitr holidays.
BY ANTHONY OMOH
NigerianFLIGHTDECK reports that ACIA Aero Leasing has repossessed three Green Africa aircraft, forcing an operational suspension. The affected ATR 72-600 planes are undergoing deregistration by the Nigeria Civil Aviation Authority (NCAA). Reasons remain undisclosed but may relate to unpaid leases.
Sources confirm ACIA Aero Leasing triggered the repossession using the Irrevocable De-Registration and Export Request Authorization (IDERA). This legal mechanism allows lessors to reclaim aircraft if airlines default. Green Africa announced a temporary halt to flights, extending beyond Eid-Al-Fitr.
The airline cited “unforeseen lessor issues” without details. It also stated that despite efforts to manage the situation and avoid disruption, flights will remain grounded until after the Eid-Al-Fitr holidays. However, the repossession of three Green Africa action suggests payment failures. Passengers were directed to official channels for updates. Efforts to resolve the dispute continue.
ACIA Aero Leasing initially supplied the aircraft in June 2021, supporting Green Africa’s launch. The sudden repossessing of three Green Africa move has raised industry concerns. The move further reflects tightening lessor policies amid financial risks.
The NCAA’s swift deregistration highlights compliance with global leasing standards. Transitioning forward, Green Africa must renegotiate terms or secure alternate aircraft. Meanwhile, affected travelers face disruptions as the airline works toward a solution.
This case underscores aviation leasing challenges. Lessors increasingly enforce strict recovery measures. Airlines must maintain lease obligations to avoid operational crises. Green Africa’s situation serves as a cautionary example.
Green Africa Airways has engaged multiple lessors to build its fleet:ACIA Aero Leasing, GTLK Europe and Jump Air which they did a damp-leasing an ATR 72-500 in 2023
