The Asset Management Corporation of Nigeria (AMCON) has appointed the former Deputy Managing Director of Arik Air, Captain Ado Sanusi the new CEO of Aero Contractors. Sanusi replaces the former Aero boss, Captain Fola Akinkuotu who is now the Managing Director of Nigerian Airspace Management Agency (NAMA). Sanusi joins Aero with invaluable wealth […]
The aviation workers’ union would have to make more concessions to meet the conditions given by the Asset Management Corporation of Nigeria for the rebirth of Aero Contractors. Otherwise, labour’s intransigence could result in the re-enactment of the demise of Nigeria Airways. It was scheduled last week that Aero offices would re-open this week and […]
Nigeria’s foremost indigenous carrier, Aero Contractors is in danger of extinction. Only urgent injection of funds can save the ailing airline. Nigeria promising and oldest indigenous carrier, Aero Contractors has paid the price of a selfish decision taken against it some years ago, when its stakeholders shortchanged the airline and gained at its expense. The […]
Aviation consultant and CEO of Belujane Konsult, Chris Aligbe said Nigerian airlines are facing a bleak future and berates the Asset Management Corporation of Nigeria for playing an ignoble role in the industry. What is your view about the rising cost of air travel in Nigeria? Until the economy changes, a whole lot of things […]
The contraction in passenger traffic halves the yield for domestic airlines and threatens their existence. If the economic contraction continues, many local carriers may go under. Emerging figures on passenger movement from the Federal Airports Authority of Nigeria (FAAN) indicate that there is drastic reduction of air travellers to domestic destinations. This has invariably reduced […]
