Arik Suspends Flights to London, Johannesburg

The new management of Arik Air has announced that the airline has suspended flights to London and Lagos. In a statement made available by the media consultant of Asset Management Corporation of Nigeria (AMCON), Simon Tumba, the airline said it has the intention to stop all international flights “to enable us find permanent solution facing […]

KPMG to Undertake Forensic Audit of Arik Airlines

The new management of Arik Airlines has appointed KPMG, world-class financial experts to undertake a forensic and diagnostic audit of the finances of the airline to ascertain the true status of its finances.  This was disclosed in a statement issued by Simon Tumba of SY&T‎ Communications Limited,  media consultant to Asset Management Corporation of Nigeria […]

AMCON Appoints Sanusi Aero CEO

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 […]

Arik Capitulates, But Threatens to Sue AMCON

The management of Arik Air has vowed to challenge the takeover of the airline by the Asset Management Corporation of Nigeria (AMCON), which obtained a court order to take over the operations of the airline. This was disclosed by the deputy managing director of Arik Air, captain Ado Sanusi at the airline’s headquarters in Lagos […]