Viva Jets (Lagos), a subsidiary of Nigerian aviation group Falcon Aerospace, has secured a USD10 million financing facility from London-based private investment firm TLG Capital in partnership with Nigeria's Wema Bank, the parties announced in a statement.
Falcon Aero's chief operating officer, Tejumade Salami, said the deal allows the company to retire legacy debt and focus on enhancing its regional charter services, while substantially reducing interest and debt-service costs.
Falcon Aerospace provides a range of aviation services including private jet charters, maintenance, sales, and fractional ownership of aircraft. Its portfolio comprises several brands, such as Viva Jets (private charter services), CharterXE (a digital booking platform), and FlyPJX (a charter per-seat platform). According to ch-aviation data, Viva Jets' fleet includes one Challenger 604 and one Hawker 900XP.
Africa-focused TLG Capital plans to raise USD200 million by the end of 2026 to expand credit access for small and medium-sized companies across the continent.
