The Prime Minister's Office (PMO) clarified late today that the Airbus Corporate Jetliner (ACJ320) executive aircraft was purchased to replace the 16-year-old Boeing Business Jet (BBJ).
The PMO said in a statement the government made the decision to acquire the ACJ320 through a hire-purchase contract for a period of 15 years to replace the BBJ aircraft, which would be disposed to finance the ACJ320 purchase.