Arik Air Plans Listing in Nigerian Stock Exchange in 2017

Nigeria’s largest carrier,  Arik Air, on Monday,November 2, said it has completed the process for its private placement for investors billed for first quarter of 2016.

It said the Initial Public Offer (IPO) for the listing of the airline at the Nigerian Stock Exchange (NSE) is billed for 2017.

Managing Director of the airline, Chris Ndulue who spoke with reporters at a briefing to mark the ninth anniversary of the airline in Lagos also spoke of plans by the airline to expand its operations on regional routes to Abidjan in Cote d’ Ivoire and Dakar in Senegal this month.

Ndulue said in the first quarter of next year, the carrier will commence flight operations into Libreville in Gabon in addition to launching flights on the Lagos – Milan route in Rome.

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By 9jatravel / Administrator, bbp_keymaster

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on Nov 05, 2015

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