After months of uncertainty over the fate of Nigeria’s largest carrier, the federal government yesterday finally took over the management of Arik Air, stating that the decision had become necessary to save the distressed airline, which it said was “too important to fail”. A statement by the Asset Management Corporation of Nigeria (AMCON), which obtained […]
The management of Arik Air has vowed to challenge the takeover of the airline by the Asset Management Corporation of Nigeria (AMCON), which obtained a court order to take over the operations of the airline. This was disclosed by the deputy managing director of Arik Air, captain Ado Sanusi at the airline’s headquarters in Lagos […]
From all indications, respite may have come the way of Arik Airlines currently immersed in heavy financial debt burden that is threatening to permanently ground the airline. For some time now, the airline, which carries about 55% of the load in the country, has been going through difficult times that are attributable to its bad […]
Arik Air, West and Central Africa’s largest airline is rolling out a series of sales promotions as part of the airline’s 10th anniversary celebrations. The first among the planned offers is the special Valentine promo fare which is available from 31 January, 2017. Customers can take advantage of this offer by buying one return ticket to […]
Stakeholders have warned that if the challenges faced by domestic airlines in 2016 persist this year, the industry would go under. The year 2016 had many challenges for Nigerian airlines. Aviation fuel scarcity started from January that year till December. They faced the problem of accessing foreign exchange(fx) to take their aircraft for maintenance […]