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Article from BTNews 21 SEPTEMBER 2009

Nigerian Eagle Airlines

NIGERIAN EAGLE AIRLINES is the new name of Virgin Nigeria.  Unveiling the brand last week the carrier’s Chief Executive, Captain Dapo Olumide, said it was not just about a name change, but “a new dawn that has birthed, an aspirational airline that will rule the African skies and a representation of the future of African aviation.”  What remains open to speculation is where the 49% shareholding by Virgin Atlantic is likely to go and whether additional funds will be made available.  In January Virgin Nigeria, the Lagos-based airline, cancelled its long haul services to Gatwick and Johannesburg citing severe economic conditions.  It recently took delivery of a second Embraer 190 and has eight more on order, expected over the next two years.  A further six 190/195s on option would replace the airline’s Boeing 737 fleet when their leases expire in 2011. www.virginnigeria.com

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