by Chi Ibe They can’t take it anymore it appears. Domestic airlines that fly to Kano, Maiduguri, Yola and other violence-prone destinations in the North are currently “carrying out safety and security audits of their operations” to decide if such flights can continue. According to the Punch: The development came a few months after... Read More
by Isi Esene Aero Contractors, Nigeria’s second largest airline has announced the resignation of its managing director, Akin George. According to a statement which was released on Sunday night, his position will be taken over by Obaro Ibru, who was the airline’s deputy managing director. There are speculations that George was sacked due to the... Read More
by Akan Ido It has been revealed that about N9.08bn is being spent annually to maintain the Nigerian Presidential Air Fleet. Reports say the Presidential Air Fleet is the third largest fleet of aircraft in the country with a total of 10 aircraft. Only Arik Air and Aero Contractors have more aircraft in its fleet.... Read More
by Isi Esene The House of Representatives yesterday mandated its committee on aviation to look into the operations of Aero Contractors airline over the frequent engine problems associated with the operations of the aviation company. Acting on a motion brought forward by member, Robinson Uwak, the House agreed that it is necessary so as to... Read More
by Isi Esene There are conflicting signals coming from the Central Bank of Nigeria and the Assets Management Company of Nigeria (AMCON) regarding the takeover of Aero Contractors Airline. Mustafa Chike-Obi, the AMCON managing director denied reports of a takeover saying “it is not true”. He said, “Reports that AMCON has taken over Aero Contractors... Read More
by Isi Esene As Arik Air and Dana Airlines struggle to get back in the air due to separate reasons, it appears Aero Contractors, the 51-year-old airline might also suffer the same fate as the Assets Management Corporation of Nigeria (AMCON) have reportedly taken over the airline due to bad debt incurred by the management... Read More
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