The Asset Management Corporation of Nigeria (AMCON) has said it would liquidate and sell Arik Air after it has vacated all the cases it has with the airline, pointing out that doing so before then would be subjudice. This was disclosed yesterday in Lagos by AMCON’s spokesman, Jude Nwauzor, during a media briefing organised by […]
The International Air Transport Association (IATA), the trade association for the world’s airlines, has said that Air Peace, Nigeria and West and Central Africa’s largest carrier, stands at par with other world aviation giants in terms of global safety standards. This is a testament to the hard work and dedication of the management of Air […]
Shareholders of Arik Air have faulted the report by the Asset Management Corporation of Nigeria (AMCON), which claimed that the airline owed the corporation N227,637,469,394.34. The shareholders in a statement issued yesterday by their spokesman, Godwin Aideloje, described the debt claim as another example of AMCON’s habitual and disingenuous misinformation strategy. “It is not surprising […]
The International Air Transport Association (IATA) has warned that the airport capacity crunch is threatening the freedom for people to travel, and constraining economies, noting that there is little prospect for airport infrastructure to fully keep pace with growing demand. This is contained in a white paper released recently, which included proposals for how slot […]
The Nigerian Aviation Handling Company PLC, (nahco aviance) has announced the appointment of Mr. Olumuyiwa Olumekun as the Group Managing Director/Chief Executive Officer (GMD/CEO) of the Company effective January 1, 2025. Olumekun replaces Mr. Indranil Gupta whose tenure expired December 31, 2024. In a notice to the Nigerian Exchange (NGX) dated 27 December, 2024, the […]
