Indications emerged on Sunday that Arik Air’s international financiers and other creditors had concluded plans to sue the Federal Government over the airline’s indebtedness. A source, who disclosed this, said the creditors were putting their resources together to file a suit against the government for the airline’s failure to honour its international obligations. It was […]
Read More The Asset Management Corporation of Nigeria on Monday said Arik Air, under its previous management, owed the International Air Transport Association $78m. The Media Consultant to Arik Air, Mr Simon Tumba, gave the figure while speaking with newsmen in Lagos. The airline was on February 9 taken over by the Federal Government under the auspices […]
Read More Management of the new Arik Air has said it inherited nearly an empty shell of a carrier with only 10 out of the 28 aircraft in its fleet functional at the moment. According to correspondence. it also said that the rot in the company would require N10bn to fix before the airline would be able […]
Read More Experts in the aviation industry have said that Arik Air and other airlines’ travails should be blamed on the passive action of the Federal Government through the regulator, the Nigerian Civil Aviation Authority, in its oversight functions. The Chief Executive Officer, Centurion Securities, Group Captain John Ojikutu (retd), said Arik’s problems had been single ownership; […]
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Nigeria may consider itself a regional aviation hub but years of mismanagement and now recession have blighted domestic airline operations, making delays and cancellations the order of the day. Industry experts say the sector needs a fundamental overhaul, pointing to opaque management practices, rampant corruption and risks for passengers from security and dilapidated infrastructure. Arik […]
Read More Passengers of Arik air have been stranded for four days at Kaduna International airport following the failure of Arik Airline to airlift them as scheduled. The affected passengers while describing the act of Arik as nonchallant said they refused to communicate the reason for the cancellation to them. The passengers also alleged that the airline […]
Read More Arik Air has accused the Nigerian Civil Aviation Authority (NCAA) of acting in bad faith over its decision to impose a N6 million fine on the airline for its alleged poor handling of passengers’ luggage from London. The airline said the official communication procedure to respond to the alleged infraction has not been fully explored […]
Read More Nigerian Civil Aviation Authority (NCAA) has slammed Arik Air a fine of N6 million for breaching the Nigerian Civil Aviation Regulations (NCAR) rule concerning passengers’ rights and airlines’ obligation to them. Spokesman of the authority, Sam Adurogboye, who made this known yesterday, said the money should be paid within seven days, saying the penalty has […]
Read More Nigeria’s largest airline Arik Air plans to nearly double its fleet to 52 planes within 10 years and has already ordered some of them from Boeing, a source at the company said on Monday. Most of the carrier’s existing fleet are Boeing planes and the source, who did not wish to be identified, said the […]
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