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Arik Shareholders Files N20bn Suit against FG, Ethiopian Airlines

Aviation Media
September 11, 2017
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Shareholders of Arik Air Limited has filed a N20 billion suit against the federal government and Ethiopian Airlines over recent claims in the media that they were negotiating the takeover of the airline. The suit was instituted by the shareholders of the airline at the Federal High Court, Lagos against Ethiopian Airlines, the Federal Ministry […]

AMCON DeniesTalks with Ethiopian Airlines over Arik Air

Aviation Media
September 5, 2017
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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 […]