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arik-air

Arik Air: AMCON denies Ethiopian Airline’s claim

The Asset Management Corporation of Nigeria (AMCON) says it is not aware of any current discussion or negotiation with the management of Ethiopian Airlines regarding...

Arik Air vows to challenge AMCON takeover

Arik operated without spare tyres, other essential equipment – AMCON

Nigeria’s largest airline, Arik Air, operated without spare tyres and other important equipment necessary to facilitate operations, the Asset Management Corporation of...

OAS-Helicopters

AMCON, OAS Helicopters in talks over debt payment

Asset Management Corporation of Nigeria (AMCON) and Odengene Air Shuttle (OAS Helicopters) have began talks over debt payment plan and withdrawal of a takeover bid of...

arik-air

FG takes over distressed Arik Airline, gives lifeline

The Federal Government on Thursday announced a lifeline to financially distressed Arik Airlines to continue to keep it as a going concern in the aviation industry. The...