Aero Contractors Airlines has announced that it would suspend its scheduled services from Thursday September 1, 2016. A statement from the Chief Executive Officer, Capt. Fola Akinkuotu said the development was part of the strategic business realignment to reposition the airline and return it to the part of profitability. This business decision, which is a […]
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 […]
In a move that may be in response to the many months of clamour by labour and other Nigerians, the Asset Management Company of Nigeria (AMCON) has finally taken full ownership of Nigeria’s foremost airline, Aero Contractors. AMCON absorbed the toxic assets of the company when it was headed down due to over bloated debts […]
