Boeing the world’s largest commercial aircraft manufacturer and Green Africa Airways a newly established Lagos based Airline are on the verge of finalizing a deal worth $11.7bn for the manufacture and delivery of 100 B737 MAX 8 aircraft for the the airlines fleet operations.

The deal is perhaps the largest aircraft order agreement from Africa and would be evenly split into 50 firm aircraft and 50 options.

The airline preparatory to commencing flight operations had obtained the mandatory Air Transport Licence from the Nigerian government, plans to initially develop the Nigerian market and then build a strong pan-African network

Green Airways founder and CEO Babawande Afolabi, was quoted to have said that “Today is a historic day for the Nigerian and African aviation industry. This landmark deal takes us much closer to our long-held dream of building a world-class airline that will unlock a new realm of positive possibilities for millions of customers”.

“Broadly speaking, this deal is a bold symbol of the dynamism, resilience and soaring entrepreneurial drive of the next generation of Nigerians and Africans,” he said.

“Green Africa Airways is a value airline based in Lagos, with the aim to offer safe, quality and affordable air travel and be a significant contributor to the economic development of Nigeria and the African continent”.

“The strategic partnership with Boeing positions Green Africa Airways to expand and improve air travel for customers in Nigeria, and further strengthens the relationship between the United States, Nigeria and Africa,” he said.

Boeing in a statement through it’s Senior Vice President of Commercial Sales and Marketing said “We are delighted that Green Africa Airways has selected the 737 MAX to serve this expanding market. We look forward to Green Africa Airways building their fleet with the MAX and taking advantage of the jet’s efficiency and dependability to open new options across Nigeria and the African continent”.

“Boeing will be a trusted partner to Green Africa Airways as the MAX is introduced into their operations and through their long-term success,” he said.