AMCON set to sell Arik Airlines, Aero Contractors, several other companies

​The Asset Management Corporation of Nigeria (AMCON) has said it plans to sell some of its assets in 2018. These include Arik Air, Aero Contractors, Peugeot Automobile Nigeria (PAN), Delta Queen, among others. A statement from the corporation quoted its CEO, Mr. Ahmed Kuru, as saying AMCON has stepped up its recovery drive in line… Read More AMCON set to sell Arik Airlines, Aero Contractors, several other companies

Nigerian airline, Aero Contractors to indefinitely suspends services for September 1

Aero Contractors Airlines on Wednesday said that it would suspend all its scheduled services indefinitely from Thursday September 1. The airline’s Chief Executive Officer, Mr Fola Akinkuotu, said in a statement in Lagos that the management decision was part of the strategic business realignment to reposition the airline and return it to the path of… Read More Nigerian airline, Aero Contractors to indefinitely suspends services for September 1