Aviation History
Nigerian commercial aviation began under the pan-regional West African Airways Corporation (WAAC), founded in 1946 to serve Nigeria, the Gold Coast, Sierra Leone and the Gambia. When WAAC dissolved in 1958 as those territories moved toward independence, Nigeria inherited its assets to form Nigeria Airways, which entered the jet age in 1962 and served as the national flag carrier for over four decades before collapsing under debt, mismanagement and shrinking market share, and being formally liquidated in 2003–2004. In the absence of a state carrier, private airlines filled the gap: Arik Air, founded in 2006, briefly became Nigeria's dominant carrier before financial distress led to a 2017 government-backed (AMCON) takeover, while Air Peace, founded in 2014, has since grown into Nigeria's largest airline, expanding to long-haul routes including transatlantic service. A government-led effort to relaunch a national carrier under the Nigeria Air brand was repeatedly delayed after its 2023 announcement and was effectively abandoned by 2025.
WAAC was established under a British order-in-council in May 1946, jointly owned by Nigeria, the Gold Coast, Sierra Leone and the Gambia, becoming the region's first major airline.
As WAAC's British West African partners moved toward independence, the corporation was dissolved and its Nigerian assets became Nigeria Airways (initially WAAC Nigeria), commencing operations on 1 October 1958.
A BOAC Comet 4 inaugurated jet services between Nigeria and London on 1 April 1962, operated jointly with Nigeria Airways.
Nigeria Airways stopped flying in 2003 after decades of mismanagement, corruption allegations and fleet decline, and was formally liquidated in 2004 while owing over $528 million.
Arik Air was established, growing to become Nigeria's largest airline through the 2010s before financial distress led to its 2017 takeover by the Asset Management Corporation of Nigeria (AMCON).
Allen Onyema founded Air Peace, which began operations with Dornier 328s and Boeing 737s and expanded rapidly through the following decade.
Air Peace achieved the largest domestic market share of any Nigerian carrier and took delivery of its first Boeing 777 aircraft.
Air Peace began direct Lagos–New York flights, among the first direct commercial links between Nigeria and the United States operated by a Nigerian carrier.
Nigeria Airways · Arik Air · Air Peace · Med-View Airline · Ibom Air
Compiled from public encyclopedic and aviation trade-press sources; the status of the Nigeria Air national-carrier project and the most recent Air Peace route expansions are fast-moving and should be treated as current-as-of-mid-2026.