Nigerian jet buy lifts veil on discounts
The Nigerian government’s announcement last month that it is buying two Falcon 7Xs and one Gulfstream G550 has yielded a rare public viewing of business ai

The Nigerian government’s announcement last month that it is buying two Falcon 7Xs and one Gulfstream G550 has yielded a rare public viewing of business aircraft discounts. The three aircraft will join the country’s eight-aircraft presidential fleet, which includes a Boeing Business Jet, Gulfstream IV-SP and GV and two Falcon 900s.

Aircraft manufacturers are loath to reveal what deals they give to individual customers, for fear that another customer who was originally willing to pay full price will find out what discount another is receiving and demand the same concession. As a public entity, the Nigerian government had to disclose the aircraft purchase prices in its Fiscal Year 2010 budget. The expenditure item for the three aircraft is listed under the “intelligence community” budget and totals $155.5 million.