Failure to meet international obligations after taking over Arik Air, Asset Management Corporation of Nigeria may have damaged Nigeria’s image in global aviation community, When Asset Management Corporation of Nigeria (AMCON) took over the management of Arik Air on February 9, 2017 and put it under receivership, the most promising Nigerian carrier then had some […]
Arik Air, Nigeria’s leading airline has announced its collaboration with Hospitals for Humanity in a remarkable initiative aimed at providing about 150 Nigerian children with free open heart surgeries annually. As part of the collaboration, Arik Air is providing flight support to Hospitals for Humanity’s medical missions to Nigeria. These missions bring together volunteer paediatric […]
It has emerged that over 22 aircraft owned by Nigerian airlines cannot return to the country because they have allegedly accrued demurrage and charges that have gone beyond the capacity of the airlines to pay for them, except government intervenes. It was learnt that the airlines could not bring back their aircraft after maintenance because […]
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 […]
