Arik air Archives - Page 4 of 32 - Aviation Media Africa | Online Magazine for Aviation,Travel,Tourism.

Hundreds of Intending Pilgrims Stranded at Lagos Airport as Arik Air Fails to Provide Aircraft

Aviation Media
June 18, 2023
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Hundreds of intending pilgrims to Saudi Arabia were stranded yesterday at the Muhammad Murtala International Airport(MMIA) Lagos, as the indigenous carrier, Arik Air failed to provide aircraft to airlift them to the Holy Land. The affected intending pilgrims were those scheduled to be carried by the private tour operators under the aegis of Association of Hajj and Umrah Operators of Nigeria (AHUON). Some of the tour […]

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Incompetence, Lack of Expertise Led to Poor Performance of Arik Air Under AMCON

Aviation Media
May 1, 2023
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Lack of competence and expertise have been attributed to why Nigeria’s prime airline, Arik Air became moribund under the management of Asset Management Corporation of Nigeria (AMCON) and went down from having 3, 258 workers in 2017 to 500 and from 27 aircraft to barely operating five currently. Arik Air was not only the biggest […]

Aviation

AMCON’s Failure to Render Account on Arik Air Confirms Allegation of Mismanagement

Aviation Media
April 18, 2023
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The failure of the Asset Management Corporation of Nigeria (AMCON) to obey the court judgement of March 31, 2023 to render account of its operations in Arik Air since it took over on February 9, 2023 till date, has confirmed allegation that the agency might have grossly mismanaged the airline. In December 2021, the Founder of […]

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Why Nigerian Airlines Cannot Access Credit Facility from International Financiers

Aviation Media
April 15, 2023
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It has become increasingly difficult for Nigerian airlines to access credit facilities from international financiers as they were wont to do some years ago and as their counterparts all over the world are doing. Running an airline is capital intensive business which needs high capital outlay and many airlines in different countries of the world […]

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AMCON Denies Arik Air Founder, Arumemi-Ikhide Entry to Company’s Premises Despite Court Order

Aviation Media
April 13, 2023
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Asset Management Corporation of Nigeria (AMCON) on Tuesday denied the Founder and chairman of Arik Air Limited, Joseph Arumemi-Ikhide access to the company’s head office at the Murtala Muhammed Airport, Lagos, despite court order granting directors and shareholders of the airline unfettered access to the premises. The Chairman of Arik with some of his aides tried to enter the […]