Arik Air resumes Warri flights as NAMA opens airport

Arik Air, one of the nation’s commercial airlines, on Thursday announced that it would resume flight operations to Osubi Airport, Warri, as from Friday following the reopening of the airport by the Nigerian Airspace Management Agency (NAMA). The airline’s Chief Executive Officer, Capt. Roy Ilegbodu, stated that the carrier would operate two flights daily from […]

AMCON to sell Arik, Aero, others before 2023

Arik Air and Aero Contractors, among other assets, will be sold off before 2024, the Managing Director of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has said. In a statement issued by Jude Nwauzor, AMCON’s Head of Corporate Communications, Kuru said it was anticipating an exit earlier, should owners of the airlines pay up […]

AMCON Takeover: Assessing Arik Air’s operations one year after

One year after its take over of Arik Air, the Assets Management Company of Nigeria, AMCON, is thinking of selling what was once the Nigerian aviation sector’s blue-eyed boy. Since its take over of the company in the last one-year, things have looked up for the airline. But only slightly, says a source in AMCON […]