North Atlantic Aviation and Air Peace Sign Wet Lease Agreement

North Atlantic Aviation

North Atlantic Aviation and Air Peace have signed a wet lease agreement.

They will operate charter flights four times a week between London/Gatwick and Lagos for two months starting in April. The possibility of a long-term contract is being discussed, aiming for a potential long-term partnership.

To promote the new route, the slots allocated to Air Peace at London Gatwick Airport will be utilized. Air Peace has announced it will inaugurate this route with a daily round trip starting March 30.

A wet lease is a leasing arrangement that includes the aircraft, crew, maintenance, and insurance. It’s also referred to as an ACMI charter, an acronym for Aircraft, Crew, Maintenance, and Insurance.

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