The Asset Management and Corporation of Nigeria has said Arik and Aero Contractors airlines may be merged and converted to a national carrier. The AMCON Managing Director/Chief Executive Officer, Gbenga Alade, stated this on Monday at an interactive session with media executives in Lagos. According to Alade, both Arik and Aero Contractor are owing so…
Arik Air Grounded Amidst Legal Turmoil, Minister’s Directive Sparks Controversy, Arik Air, one of Nigeria’s leading airlines, has been grounded with immediate effect following an order from the Minister of Aviation and Aerospace Development, Festus Keyamo. The directive has left passengers stranded and the airline’s management in disarray. Although the Ministry of Aviation has not…
$40Million Import Duty: Nigeria Customs Investigate Arik Air In Receivership for Illicit Sale of Aircraft Nigeria Customs Service has commenced an investigation into the diversion of import duties to the tune of $40 million by the management of Arik Air in Receivership. There are indications that Arik in Receivership abused the duty waivers…
The Receiver Manager of Arik Air, Kamilu Omokide, has debunked allegations of being involved in N120 billion fraud and investigated by the Economic and Financial Crimes Commission (EFCC). SaharaReporters had reported that the EFCC detained the receiver manager who was appointed by the Assets Management Corporation of Nigeria (AMCON), for Arik Nigeria Limited, Omokide,…
Nigerian airlines have increased the cost of economy flight tickets for domestic routes from about N35,000 to a base fare of N50,000. The airlines include Azman Air, Max Air, Ibom Air, Arik Air, Air Peace and Dana Air. Checks by TheCable showed that most of the airlines have increased their base rate to…
There was a security breach at the domestic terminal 2 of the Murtala Muhammed International Airport Lagos, as a Boeing 737-73V, with registration number EI-ULN, belonging to Arik Air was burgled and its Flight Management System, stolen. The FMS is a computer designed to provide virtual data and operational harmony between closed and open…
