Arik Air, one of Nigeria’s airlines, has announced the decision of JEM Leasing Limited owners of the CRJ 1000 registered as 5N-JEE and its financiers Export Development Canada (EDC) to sell the airplane, thereby withdrawing it from the Arik’s fleet.

The airline has also notified the public on decision of the buyer to tear down the plane.

In a statement by the airline, it stated that Arik Air, as the lessee since 2014, operated the aircraft pursuant to a lease agreement with JEM Leasing Limited and Arik discontinued operations of the CRJ fleet since 2019.

“Arik Air would like to assure all stakeholders, including passengers, partners, and the general public, that the decision by the owner and financier of the aircraft will not impact Arik’s operations or compromise its commitment to providing safe, reliable, and convenient air travel services,” the airline stated.

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.

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