Home Aviation News Arik Air Receivership Management Criticizes Minister’s Fleet Grounding Order

Arik Air Receivership Management Criticizes Minister’s Fleet Grounding Order

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ongoing judicial processes, Falana's warning sparks legal showdown over Arik Air assets
Arik Air Boeing 737-76N(WL) sourced from Planespotters.net
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Arik Air (In Receivership) criticizes the aviation minister’s sudden order to ground its fleet, disregarding ongoing judicial processes. They argue that this decision is in contempt of court and, as a result, severely impacts passengers, employees, and the Nigerian economy.

Furthermore, Captain Roy Ilegbodu, Arik Air (In Receivership) CEO, stated that on February 26, 2016, a judgment favored Atlas Petroleum International Limited and Engineer Arthur Eze.

Additionally, there is an ongoing case in the Federal High Court, where AMCON asserts its secured interest in Arik’s assets.

Despite this, a writ of attachment was issued on July 18, 2024, targeting our aircraft. Subsequently, on July 25, 2024, the High Court of the FCT instructed all parties to maintain the status quo.  The grounding of our fleet overreaches the ongoing judicial processes and court directives, perplexing us.”

This action, they believe, undermines the rule of law and sets a dangerous precedent. It prioritizes unsecured private interests over the public good and the rights of secured creditors. Arik Air commits to following the legal process and fully trusts the judiciary to resolve these matters fairly.

“Our priority has always been to connect people and facilitate commerce, especially on critical domestic routes. The grounding of our fleet disrupts these vital services, leaves passengers stranded, and inflates already high travel costs. This decision harms everyday Nigerians who rely on their flights for business, family, and essential activities.

Arik Air has always been a proud partner in Nigeria’s growth, providing reliable and safe air travel. They urge the authorities to reconsider this decision, lift the grounding order, and allow them to continue serving the public and supporting the economy.

The airline states that it stands with its passengers and employees during this challenging time and are working tirelessly to resolve this situation.

 

 

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