The Asset Management Corporation of Nigeria, AMCON, may have lost about N25 billion for taking over the debts of Aero Contractors, sources revealed. According to sources familiar with the deal the assets of the carrier worth less than N4 billion, but were overpriced. Findings revealed that AMCON after paying the huge amount of money controlled only […]
Nigeria’s largest carrier, Arik Air, has announced the resumption of flight operations to Monrovia, the Liberian capital on October 5. The resumption of flight to Liberia is coming 14 months after the airline suspended its operations to the West Africa country following the outbreak of Ebola Virus Disease (EVD) in July 2014. The decision to resume flight to […]
Nigeria’s largest carrier, Arik Air, on Thursday, October 1 refuted claim in some quarters that the airline is facing financial challenges. The airline said: “We would like to once again state that the airline is not under any abnormal financial or operational difficulties and wish to assure passengers of the high level of safety and customer service that […]
(CNN)[Breaking news update] A Malaysian search team on Reunion Island has found airplane window panes and seat cushions, a Malaysian government official told news agency Agence France-Presse on Thursday. [Previous story] (CNN) -- When a piece of plane debris was found last week on a remote French island in the Indian Ocean, family members of […]
ACCRA, Ghana – Ghana’s government has been urged to bring back local carrier, ANTRAK by rescuing the airline from its woes and to ensure that all other domestic or local airlines are given the necessary and needed support to enable them thrive, remain viable and profitable. Chief Executive officer of Goldstar Airlines, Mr. Eric Bannerman […]
