Leadway Assurance Invests In Green Africa Airline

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Green Africa Airline has disclosed a new investment contract with Leadway Assurance Company Limited that plans have reached an advanced stage to increase its fleet size and scale operations in the region. 

Oyindamola Fashogbon, Brand Marketing Specialist, Green Africa in a statement, said that since the airline commenced scheduled flight services in August last year, it has connected over 150,000 customers across eight airport stations in Nigeria while also delivering on the promise of offering the best air travel fares in the market.

The statement hinted that this has placed the new carrier among the top three airlines in the country within the short period of the commencement of operations.

The statement quoted Babawande Afolabi, the Founder, of Green Africa as expressing delight at the new deal with the Leadway Assurance Company, which he described as significant. 

“This is especially significant considering the general track record of the aviation industry as a destination for local professional private capital in the country. We look forward to working with Leadway, not only to build Green Africa but also to positively change the industry narrative for every stakeholder,” he said.

Tunde Hassan-Odukale, Managing Director, Leadway Assurance, according to independent the source said while commenting on the investment, said it was refreshing to see Green Africa gradually stabilising and building a strong operational track record since entering service about six months ago.

He said the company looked forward to supporting the new carrier as it enters the next phase in its journey of changing the air travel landscape in the region.

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