In a statement issued today the airline wrote,” The discussion focused on the challenges facing all airlines in industry, which is common and has been addressed on numerous occasions by the Association of Nigerian Airlines (AON).
“These include high cost of aviation fuel, high foreign exchange rate, high maintenance cost, inflation and low purchasing power of the traveling public following the increase of fares.
“Like many airlines in Nigeria, Aero Contractors have been operating daily, and facing the challenges squarely.
“We categorically deny any plan to close operations as the airline is proactively taking necessary measures and strategy to continue operation and ensure a great travel experience to our highly esteemed customers.
“Aero Contractors has one of the best Maintenance Repair Overhaul (MROs) in West and Central Africa and is Nigeria’s oldest aviation company with capacity to offer both scheduled airline services and maintenance for third party, licensed in over three countries.