The recent hike in the price of Jet A1 otherwise known as aviation fuel to about N265 per litre from N220 it sold for in...
Assets Management Corporation of Nigeria (AMCON) took over Arik because the airline was owing the corporation N146 billion. Ahmed Kuru. The corpotation’s managing director said this...
By Odunewu Segun Huge debt burden which in recent times have toppled some key players in Nigeria’s aviation sector may portend great danger to the sector...
Senate summons AMCON By Odunewu Segun The new management of Arik Airlines has announced the suspension of international flight operations to London and South Africa to...
Following the take-over of financial crisis ridden Arik Air by the Asset Management Corporation of Nigeria, AMCON, KPMG has been contracted to undertake a forensic...
The Asset Management Corporation of Nigeria (AMCON) has said Arik Air would require over N10 billion cash injection before resuming full and uninterrupted operations on its...
Aero Contractors, Nigeria’s oldest private airline will soon be back in operation following the appointment of a new CEO for the embattled local carrier, National Daily...
Senate President Bukola Saraki has blamed poor planning in the aviation ministry for the federal government decision to divert air traffoc to the Kaduna Onternational Airport...
Aero Contractors, Nigeria’s oldest private airline will soon be back in operation. Its new owners, the Assets Management Company of Nigeria (AMCON) has appointed the Deputy...
The management of Arik Air on Thursday said it would challenge the taking over of the airline by the Assets Management Company of Nigeria (AMCON)...