Arik’s debt profile rises to over N300billion excluding oil markerters, lessors,...

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...Airline fleet size shrinks to 10 from 28 MORE facts and figures have emerged today showing that Arik Air, recently taken over by the Asset...

How AMCON’s intervention saved Arik Air from total collapse

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MYRIAD of challenges outweighing what the previous management could deal with under its owner-manager business model may have led to the grounding of Arik...

Captain Sanusi succeeds Akinkuotu, takes over as Aero MD

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CAPTAIN Ado Sanusi with effect from Monday February 13, 2017 assume office as the new Chief Executive Officer of Aero Contractors succeeding Captain Fola...

NiMet, BATNF sign MoU on weather information provision

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NIGERIA Meteorological Agency (NIMET) has described its partnership with British American Tobacco Nigeria Foundation (BATNF)  as revolutionary with the capability to provide adequate, effective...

SAHCOL may lose N80million to Abuja Airport closure, says FG...

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… loses N70m to controversial seized Rivers State Bells helicopters SKYWAY Aviation Handling Company Limited (SAHCOL),  has revealed that  the proposed closure of the Abuja...

AMCON Receiver Manager takes over Arik, says government plans to...

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RECEIVER Manager of Arik Air, Mr. Oluseye Opasanya has said that the takeover of Arik Air by Asset Management Corporation of Nigeria (AMCON) is...

Finally, AMCON takes embattled Arik Air over, appoints Capt. Ilegbodu Consultant

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AS part of efforts to bring respite to a hugely indebted airline and stem the grueling tide of challenges wrought by bad corporate governance,...

EFCC besiege Arik Air, invite Chairman; MD, EVP ‘conspicuously missing’

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EVENTS that led to yesterday’s barricade of Arik Air by security operatives became a bit clearer as the airline was visited by men of...

Emirates sets standards for on-board medical care

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FLIGHT diversions due to inflight medical emergencies make up a tiny portion of the millions of flights operated annually, but it is costly for...

Security operatives bar Arik passengers entry over refunds

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 …as AMCON prepares to ‘act’ on airline’s N139billion debt SECURITY operatives  today besieged the headquarters of Nigerian airline, Arik Air at the Murtala Muhammed Airport,...