Plans by the Federal Government to purchase a foreclosed A330 from a German bank have reached an advanced stage as the aircraft may have been assigned a tail registration that also bears the seal of the President of the Federal Republic of Nigeria, Empowered Newswire is reporting.
Informed sources from international aviation firms and news sites also indicate that as of early afternoon Nigerian time on July 15, 2024, the plane has been flown from Germany to an airport in Saint Louis, France.
An operator history dashboard on planespotters.net also shows that the Airbus 330 is now wearing the tail registration of the Nigerian presidential jet 5N-FGA and also adorned with the Nigerian Presidential Seal.
Earlier, the Premium Times newspaper reported that the FG. “reportedly offered around $100 million for the wide-body, valued at $300 million due to its VIP configuration.
“According to Premium Times, the aircraft was repossessed from an unidentified sheikh who had defaulted on a bank loan. Florida-based L & L International LLC and AMAC Aerospace Switzerland AG are reportedly brokering the deal. The Swiss firm has a longstanding aircraft maintenance contract with Nigeria’s Presidential Air Fleet (PAF).”
Ch-aviation.com also reported today that “according to social media posts, the aircraft in question is an ACJ330-200, VP-CAC (msn 1053), to be registered as 5N-FGA. ch-aviation fleets data shows the 14.86-year-old jet is currently operated by AMAC Corporate Jet (AMK, Zurich) and is currently in maintenance in Basel/Mulhouse/Freiburg, CH. It was formerly operated by Saudi Arabia’s Mid East Jet (Jeddah International).
“AMAC Aerospace Switzerland declined to comment and referred inquiries to the Nigerian authorities. Ch-aviation also reached out to the Nigerian Air Force and L & L International for comment.”
Earlier Nigerian media reports in June had said “the Nigerian House of Representatives Committee on National Security and Intelligence recommended procuring new aircraft for President Bola Ahmed Tinubu and Vice President Kashim Shettima due to high maintenance costs and operational issues with the current fleet.
“In particular, it recommended that a new aircraft be acquired for the president that would reflect the country’s prominent position in West Africa, Africa, and globally. Additionally, it proposed obtaining a new aircraft similar to the US Vice President’s Air Force Two jet.
“In a report following an investigative hearing on May 20 into the state of the PAF, the committee highlighted that several aircraft in the presidential fleet are unserviceable and ageing, leading to increased downtime and operational expenses. The president’s 19-year-old B737-700 (BBJ) is in annual maintenance, but the vice president’s 13-year-old Gulfstream Aerospace G550 is in good condition, Premium Times reported.
“Apart from those two jets, the presidential fixed-wing fleet also includes a Gulfstream G500, two Falcon 7Xs, a Hawker 4000, and a Challenger 605. Three of the aircraft are reportedly unserviceable.
In addition, the PAF’s rotor-wing fleet includes two Agusta 139s (both unusable) and two Agusta 101s, all operated by the Nigerian Air Force (NGR, Lagos) but overseen by the Office of the National Security Adviser.”
Also in April, “a government source informed The Nation newspaper that the president had approved the sale of three jets but did not disclose which.
Nigeria’s former president, Muhammadu Buhari, promised to reduce the number of aircraft in the PAF. As previously reported, an attempt to sell one Dassault Falcon 7x and the Hawker 4000 in October 2016 fell through. Between 2016 and 2020, the fleet’s operational costs skyrocketed by 190%.
One of Nigeria’s Presidential jets
In 2022, it was reported that maintenance expenses for each aircraft ranged from $1.5 million to $4.5 million annually.
