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 […]
From all indications, respite may have come the way of Arik Airlines currently immersed in heavy financial debt burden that is threatening to permanently ground the airline. For some time now, the airline, which carries about 55% of the load in the country, has been going through difficult times that are attributable to its bad […]
Nigeria’s oldest airline, Aero Contractors said it has concluded plans to resume flight operations on Wednesday. The airline which stopped schedule services on September 1, 2016 due to lack of operational funds and the inability to pay for maintenance costs of its aircraft taken out for checks, said it would resume small. It […]
The Chairman, House of Representatives Committee on Aviation, Hon. Nkiruka Onyejeocha, has reached the conclusion that the aviation sector is bedeviled by sundry problems that are threatening the future of air transport in Nigeria. She spoke on actions being taken to rejuvenate the industry. Excerpts: What was the purpose of the House Committee’s visit to […]
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 […]