Arik Air orders two 747-8s

Nigeria’s Arik Air has announced a deal for two 747-8 Intercontinental airplanes. The order is valued at $635 million at list prices and was previously attributed to an unidentified customer on Boeing’s website. “Air travel within the region continues to grow at a rapid pace and we must prepare our fleet to accommodate that growth,” said Sir JIA Arumemi-Johnson, owner and chairman of Arik Air. “Boeing’s new 747-8 fits perfectly into our long-term planning. It brings the best operating economics for its size, which is important with the increase in fuel prices.” Arik Air is Nigeria’s fastest-growing privately owned airline