The Asset Management Corporation of Nigeria (AMCON) has finally responded to series of inquiries on the fate of Arik Air and yesterday issued a statement denying that it had not entered into any recent negotiation with the management of Ethiopian Airlines regarding Arik Air Limited. AMCON’s Head, Corporate Communications, Jude Nwauzor, in a statement on […]
Former Vice-Chairman of Arik Air, Senator Anietie Okon has alleged that some interests in government had planned to take over Arik Air and sell it cheaply to themselves but this was forestalled by Asset Management Corporation of Nigeria (AMCON), which is currently managing the airline. Senator Okon said the interest group took advantage of the […]
Major Nigerian carrier, Arik Air has announced that it has completed the migration of passenger service solution to Hitit’s Crane Solution Suite. With the migration, the airline becomes the eighth African carrier to sign to the Crane Solution Suite. Hitit CS actively supports airlines‘ operations in Nigeria, Tanzania, Tunisia and Namibia having prioritized Africa […]
Whereas many international carriers scaled down their operations to Nigeria due to the recession that adversely affected the value of the naira, African airlines defiantly maintained their services and made significant inroads into the market. As at May last year, about $575 million revenues earned by foreign airlines was trapped in Nigeria. But the Central […]
While Nigerian airlines were musing about how to beat the Harmattan haze that usually obstruct flight operations in December, they never envisaged that they would face the current flight disruptions occasioned by the ceaseless rains that have lasted for over two weeks. Industry operatives said that in the past, thunderstorm usually characterise the beginning […]