The new management of Arik Air has announced that the airline has suspended flights to London and Lagos. In a statement made available by the media consultant of Asset Management Corporation of Nigeria (AMCON), Simon Tumba, the airline said it has the intention to stop all international flights “to enable us find permanent solution facing […]
• AMCON alleges airline owes over N300bn, additional N10bn needed to fix it The Association of Concerned Aviation Professionals (ACAP) has expressed alarm at the brazen take over of Arik Air by the Asset Management Corporation of Nigeria (AMCON) on behalf of the federal government, describing the foremost local carrier as a private concern, […]
As air passenger traffic continues to nosedive due to high fares and schedule hiccups occasioned by aviation fuel scarcity, this writer warns that the development constitutes a major setback to Nigeria’s air transport sector and the economy as a whole. Nigerians are in a quagmire over limited choices of the right means of transport. The country has networks of […]