Nigeria’s leading aviation firm, Spring fountain has signed a deal with Boeing firm of United state to invest $20 billion in the country’s aviation industry.
The agreement which was signed in Lagos by the Managing Director, Spring fountain, Tokunbor Fagbemi and Head of Sales, West and Central Africa, Boeing Company, Larry Tolliver will be executed through African Aircraft Leasing Company and the plans will cover aircraft maintenance, and logistics.
Fagbemi said the the absence of facilities and services in Africa are the major challenges facing Nigerian airlines and the aviation industry.
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