The Asset Management Corporation of Nigeria (AMCON) has said it would liquidate and sell Arik Air after it has vacated all the cases it has with the airline, pointing out that doing so before then would be subjudice. This was disclosed yesterday in Lagos by AMCON’s spokesman, Jude Nwauzor, during a media briefing organised by […]
Shareholders of Arik Air have faulted the report by the Asset Management Corporation of Nigeria (AMCON), which claimed that the airline owed the corporation N227,637,469,394.34. The shareholders in a statement issued yesterday by their spokesman, Godwin Aideloje, described the debt claim as another example of AMCON’s habitual and disingenuous misinformation strategy. “It is not surprising […]
The plan by Nigeria and Brazil to re-establish direct flight between the two countries, after it was stopped several years ago for obvious reasons, has continued to raise dust, as some stakeholders warn against such plan. On Monday, the Ministry of Aviation released a statement about the plan by Nigeria and Brazil to re-establish direct […]
*NCAA: Nigerian Airlines can Fly to US with Leased Aircraft *Delisting not due to Safety Concerns *Arik Air Audited for Nigeria’s Cat 1 Status Reacts Nigeria has been delisted from the United States Federal Aviation Administration Category One Status (USFAA CAT 1) International Aviation Safety Assessment Programme (IASA). Nigeria was delisted because no Nigerian […]
On Tuesday this week, the Minister of Aviation and Aerospace Development, Festus Keyamo ordered the grounding of Arik Air operations in compliance with a court order. The Nigerian Airspace Management Agency (NAMA) later explained that it was the agency that took the decision in order to ensure that further execution by way of sale (assets […]
