By Odunewu Segun The Asset Management Corporation of Nigeria (AMCON) has said Arik Air, under its previous management actually crumbled under its huge debt burden. Speaking...
Nigerian largest carrier, Arik Air, which was recently taken over by the Assets Management Corporation of Nigeria (AMCON) following huge indebtedness, has been suspended from...
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...
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...
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...
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)...
The Federal Government has taken over the operations of troubled Arik Air to save it from total collapse. The troubled airline faces huge financial debt, which...
Embattled Nigerian carrier, Arik Airline has accused the Federal Airport Authority of Nigeria (FAAN), of colluding with disgruntled passengers to disrupt the airline operations. The airline...
Arik Air Limited will cough up N6 million in fine, and pay passengers whose luggage were delayed en route from London to Lagos between December 2...
Members of the National Union of Air Transport Employees (NUATE), and Air Transport Senior Staff Services Association of Nigeria (ATSSSAN) have commenced strike action at Arik...