Nigeria’s oldest airline, Aero Contractors has made history by conducting the first C-check on a Boeing B373. This follows the certification of the airline by the Nigerian Civil Aviation Authority (NCAA) which issued Approved Maintenance Organisation (AMO) certificate to the company, qualifying it to carry out aircraft maintenance up to C-check level on Boeing Classics: […]
The low value of the naira has increased the cost of overseas aircraft maintenance to over N50 billion annually, Nigerian airline operators have said. They noted that the cost would have been higher if many of the airlines did not shut down their operations in the last five years. There are relatively fewer operating aircraft […]
AJW Group, a market leader in the global management of aircraft spares, has signed an agreement with Aero Contractors, the Nigerian-based airline, to assist it in the restructuring and upgrading of its Maintenance, Repair and Overhaul (MRO) support services. Aero Contractors, which has been carrying out A and B check on own aircraft and others, […]
The Ibru family has expressed its willingness to buy back Aero Contractors, which it lost to Asset Management Corporation of Nigeria (AMCON) owing to the airline’s huge indebtedness to banks. A source with the aviation industry, who disclosed this toTHISDAYsaid AMCON is willing to sell the airline to Ibru family or any other interested party […]
Ibru family moves to repossess Airline There are indications that Nigeria’s oldest airline, Aero Contractors, is laying off about 60 per cent of its workforce, in an apparent move to cut costs as the company struggles to stay afloat. The layoffs to be executed in few days, was aimed at repositioning the airline to operate profitably. […]