Stakeholders in the aviation industry have expressed concern that one of Nigeria’s major airliner, Arik Air, may find it difficult to remain as a going concern due to alleged financial distress facing the company. But the Asset Management Corporation of Nigeria (AMCON), the management of the airline, described the insinuation as false. Spokesman of AMCON, […]
It was mixed reaction on Tuesday when reports confirmed that the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has called on the 9th Senate to work towards making Arik Air a national carrier. Kuru said this was necessary because the country needs major airlines that could effectively compete […]
Nigeria’s major airports in Lagos, Abuja, Port Harcourt and Kano could generate over N45 billion annually from the current N19 billion, if they are given out in concession to attract private sector funding, THISDAY’s investigation has revealed. THISDAY gathered that the concession of these airports would expand and modernise the facilities. With such facilities, it […]
In many ways Aero Contractors remains the number one airline in Nigeria because it is the oldest operator in the country with high safety record. It has also operated scheduled commercial service for over 15 years and at the same time it maintained robust rotor service, which provided logistics service to oil exploration and production […]
As Aero Contractors celebrates 60 years of operation in the Nigerian Aviation Industry, the Chief Executive Officer (CEO), Captain Ado Sanusi, has described the hard times the indigenous firm faced as a process that set them on the path to become dominant player in the sector. Sanusi, who disclosed this to journalist at a media […]
