Air Peace Drags Smartlynx  to Court to Recover Alleged $38m Loss

Air Peace said it has initiated a court proceeding against Smartlynx airlines over $38 million loss incurred from the alleged fraudulent act of the company.

A statement by the airline said the court issued an order against Smartlynx on November 12, 2025.

While it clarified that it has no intention of detaining any Lessor’s aircraft in Nigeria or anywhere else, the airline said its current issues with the trio of Smartlynx Airlines Malta Limited, SIA Smartlynx Airlines, and Smartlynx Estonia OU (jointly referred to as Smartlynx) stem from the operation of damp lease agreements involving four aircraft, during which Smartlynx deliberately defrauded Air Peace of several millions of dollars.

This is in addition to the severe disruptions to the airline’s scheduled operations during peak season, resulting in monumental reputational and operational damage to the airline.

“During the operation of the lease, Smartlynx deliberately defrauded Air Peace and fraudulently obtained several advance payments under the pretext that it would operate the agreed block hours. Smartlynx fully knew — months before receiving these payments — that it had no intention of operating the prepaid block hours, yet it continued to demand and receive payments from Air Peace under false pretences.

“As of the date of this press statement, Air Peace’s total losses stand at USD 38,042,843.84,” the airline said.