Home / Airline Fleet & Routes / Arik Air receives two aircraft from C-Check; set to get two more year’s end, early 2020
L-R:  Alan Giordmaina, Head, Commercial Project Management, Lufthansa Technik AG, Malta;  Stephan Schulze, Senior Sales Executive, Corporate Sales, Lufthansa Technik A;  Rolf Weirhauch, Sales Executive, Corporate Sales, Lufthansa Technik AG;  Francis Esoh, Senior Manager, Credit Quality Assurance, Afreximbank;  Ali Magashi, Member, Technical Advisory Committee, Arik Air;  Roy Ilegbodu, CEO, Arik Air;  Marcus Motschenbacher, CEO Lufthansa Technik AG, Malta when Arik Air team went to take delivery of the Boeing 737-800 from Lufthansa Technik maintenance facility in Malta.

Arik Air receives two aircraft from C-Check; set to get two more year’s end, early 2020

  •  Airline gets boost ahead of Yuletide season
ARIK AIR has received two aircraft, a Q-400 and a Boeing 737-800 from C-Check conducted by Lufthansa Technik AG in Malta over the weekend, thereby boosting the operations of the airline in the coming festive season.

This is just as the Asset Management Corporation of Nigeria (AMCON) plans to receive an additional two aircraft expected to return from C-checks in the next few weeks – one at the end of the year, and another in January.

Over the last two years the current management has been working hard to improve the number of serviceable aircraft in the airline’ s fleet. The efforts are yielding results.

The Arik fleet are nearly mid – life and such require major overhaul of engines, landing gear, etc. Unfortunately, Arik in addition to being over burdened by debts had no reserves. The company was simply in a fix. The significant work done to date has therefore been the result of prudent management of resources and the support of Asset Management Corporation of Nigeria (AMCON).

Since the current management took over the airline operation its Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) is positive, customers’ confidence has been restored On Time Performance (OTP) is over 70% – from as low as 30%; load factors on domestic routes are over 80%, flight cancellations are down to less than 1% from over 40%, Salaries are paid as at when due, pensions are being remitted, all current obligations are being met and the company is prepared for AMCON exit.

The Boeing 737-800 had been in Malta with Lufthansa Technik AG since 2015 before the current management came on board, and its return is a huge testimony of the achievements of the current management due to the high cost of C check of as a result of extended lay over.

The Chief Executive Officer of Arik, Capt. Roy Ilegbodu said: “We are pleased to announce the return of some of our airplanes, following positive resolution of our outstanding debts with African Export Import Bank (AFREXIM) and strong support from Lufthansa Technik AG.

“We are aware that our services are critical to numerous travelers in this festive season, and we are ready for the challenges ahead with improved schedule in our domestic and regional network and excellent customer experience.”



About NigerianFlightDeck

Nigerianflightdeck is an online news and magazine platform reporting business stories with a bias for aviation and travel. It is borne out of the intention to inform, educate as well as alter perceptions with balanced reportage.

Check Also

Dana Air commences use of acquired Boeing aircraft with additional routes

DANA Air has introduced additional domestic routes as the airline has put its acquired Boeing …

NCAT takes delivery of six Diamond DA40 NG training aircraft

NIGERIAN College of Aviation Technology (NCAT) has taken delivery of the first batch of six …

Azman Air sets for hajj, other international routes as A340-600 touch down at MAKIA

AZMAN Air on Thursday took delivery of its 6th aircraft, an Airbus A340-600 double-aisle plane …

Aero expands route network, increases frequency

FROM January 20, 2020, Aero Contractors, which has the highest record of air safety in …

Route expansion: Air Peace commences Abuja-Warri-Abuja services

AIR PEACE has announced commencement of Abuja-Warri-Abuja flights as part of plans in keeping with …

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: