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 […]
Asset Management Corporation of Nigeria (AMCON) took over Nigeria’s foremost carrier, Aero Contractors and a promising airline, Arik Air, after taking over Nigeria Airways Limited over issues of debts. Since the takeover of both firms, by AMCON, the airlines have recorded diminishing performance, while their debts continue to rise. After the COVID-19 lockdown was lifted […]
Over the years, Nigerian airlines have failed to successfully operate international routes. Many international carriers, who describe the Nigerian routes as very lucrative, deploy many strategies, including visa denial, to shortchange Nigerian carriers, but Nigerians are the enablers of this perfidy. On Monday Nigeria’s major carrier, Air Peace reported that it would suspend its flight […]
•AMCON to continue managing Arik Air under new executive • Qatar selected as core investor Former Managing Director of Virgin Nigeria Airways, Captain Dapo Olumide has been named interim Managing Director of the new national carrier, Nigeria Air by the federal government. This is coming as the federal government has decided that the Asset Management […]
Last week reports indicated that Arik Air aircraft parked at the ramp of the domestic terminal of Lagos airport was accessed and critical equipment removed. Chinedu Eze looks at the security apparatus of the airport, insider security threats, and what concerned authorities are doing to forestall such incidents from happening again Many Nigerians were shocked […]
