The Asset Management Corporation of Nigeria (AMCON) has vowed to recover the N455 billion debt owed by Arik Air and its affiliate companies, despite facing what...
The Asset Management Corporation of Nigeria (AMCON) on Friday vowed to recover N227 billion debt from Arik Air. The Head of Corporate Communications in AMCON, Mr....
The Federal Government has lifted the suspension of Arik Air’s operations. In July, the Nigerian Airspace Management Authority (NAMA) grounded Arik Air operations over its alleged...
The Nigerian aviation industry is bracing for a potential crisis as unions warn of attendant job losses if the embargo on four Arik Air aircraft is...
The chairman of Arik Air, Johnson Arumemi-Ikide, has been told to provide a suitable debt recovery plan before Assets Management Corporation of Nigeria (AMCON) returns the...
The National Union of Air Transport Employees (NUATE) has stated that there’s a need to invest in Arik Air for the airline company to survive. NUATE...
Arik Air on Wednesday dismissed a claim that one of its planes crash-landed after developing technical problem mid-air. A Nollywood actress, Uche Elendu, claimed on Instagram...
An undisclosed number of Arik Air pilots have been sacked by the management of the company for alleged gross acts of indiscipline, following an unplanned strike...
The National Union of Air Transport Employees on Saturday, March 13, issued a strike ultimatum regarding the potential change of ownership in Arik Air. This stance...
The Nigerian government Thursday said it had halted the proposed retrenchment of 300 staff of Arik Air. Musa Nuhu, the director-general of the Nigerian Civil Aviation...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
Arik Air has sacked over 300 workers following the Covid-19 pandemic that practically shut down the aviation industry in Nigeria for many months. The affected workers...
Operations at the Arik Air company were on Thursday grounded by the National Union of Air Transport Employees (NUATE) over poor working conditions. Arik Air workers...
The Chief Executive Officer of Arik Air, Capt. Roy Ilegbodu, said on Sunday the airline would resume domestic flight operations from July 8. Ilegbodu, who disclosed...
The Asset Management Corporation of Nigeria (AMCON) is clamouring for a stimulus from the Nigerian government that will help the aviation sector refind financial balance and...
One of Nigeria’s indigenous airlines, Arik Air said on Saturday it had started preparing for operations after the COVID-19 pandemic. The Manager of Public Relations and...
As the coronavirus crisis bites harder at aviation operations across the globe, Arik Air has said it would cut employees’ salaries by 80% beginning from April....
One of Nigeria’s foremost airlines, Arik Air, on Wednesday, suspended its flight services to all West African destinations following the continued spread of coronavirus. According to...
Nigeria’s Minister of Aviation, Hadi Sirika, has declared that Arik Air is not qualified as a national carrier. The minister stated this on Wednesday in Abuja...
Aviation stakeholders have reacted to the inability of the federal government to attract investors who are willing to put their money in Arik Air and Aero...
The fate of Arik Air as regards what to do with it has attracted mixed feelings among industry stakeholders. Industry experts though foresee a bleak future...
Many local and international investors are showing interest in investing in Arik Air and Aero Contractors, our correspondent has learnt. It was gathered that since the...
An Arik Air aircraft scheduled to convey passengers to Abuja from the Sam Mbakwe Airport in Imo state has been grounded, leaving passengers stranded after an...
The Asset Management Corporation of Nigeria (AMCON) has said it would be selling some of its assets like Arik Air, Aero Contractors, Peugeot Automobile Nigeria (PAN)...
The Asset Management Corporation of Nigeria has laughed off the suit instituted by shareholders of Arik Air against the Federal Government and Ethiopian Airlines over purported...
Following reports of an ongoing negotiation process for a possible takeover, Arik Air has filed a N20 billion suit against the Nigerian government and Ethiopian Airlines....
In what looked like a surprise action, four trade unions said they have embarked on indefinite occupation of the corporate headquarters of one of the local...
The Asset Management Corporation of Nigeria (AMCON), on Wednesday, made shocking revelations on the financial state of the leading airline in the country. Recall that AMCON,...
Emerging reports indicate that another airline, OAS Helicopters, may have fallen into the custody of the Asset Management Corporation of Nigeria (AMCON). Signs that the airline...
The Asset Management Corporation of Nigeria (AMCON) on Sunday painted a pathetic picture of the rot in Arik Airline, disclosing that only nine aircraft out of...
Workers of Arik Air on Monday staged a protest at the local wing of the Muritala Muhammed airport in Ikeja protesting non payment of their salaries...
Arik Air, Nigeria’s largest airline, has said difficulties in renewing it’s aircraft insurance documents is responsible for the suspension of its flight operations. According to a...
It was a bad day on Wednesday for one of Nigeria’s airlines, Arik Air, as its operations were disrupted by by members of several aviation unions...
A pregnant female passenger on board an Arik Air flight from Port Harcourt to Lagos died mid-air on Friday. The lady identified as Ijeoma Nwokedi was...
In from Ahmed Boulor . . . The General Aviation Terminal, GAT, Muritala Muhammed Airport was the scene of a near death experience when two planes...
A catering staff of Arik Air, Ikechukwu Chibuzor Oliver who was recently picked by the National Drug Law Enforcement Agency (NDLEA) for alleged involvement in smuggling...
