The Minister of Aviation Hadi Sirika performed the ceremony at the Nnamdi Azikiwe International Airport in Abuja on Friday.
Thirty aircraft are expected to form the fleet of Nigeria Air in the next five years. However, only one aircraft has arrived.
Senator Hadi Sirika insists that the national carrier would be private-sector driven with the Federal Government holding just a 5% stake while private owners would hold the remaining 95% share in the new airline.