From all indications, Nigeria’s aviation industry has plunged further into crisis with the take over today of Aero Contractors airline by the Assets Management Corporation of Nigeria, AMCON.The 51 year old Aero Contractors airline is one of the four major commercial airlines in Nigeria.

http://pmnewsnigeria.com/2012/09/21/bad-debt-makes-amcon-take-over-aero-contractors/

What in the world is happening to our Air Industries?

With the absence of Dana Air, Air Nigeria, Arik Air and Aero Contractors which is the last man standing is now in debt crises...Lord have mercy.
na road transport be the koko for now..

I think this is good for our aviation industry. Like the banking, oil and telecoms industry, this is an opportunity for us to stop all the cosmetic approach to Aviation issues, and do a wholistic reform of the sector. We must start rebuilding the Aviation industry from the scratch again or else the industry will never grow..

Pergrace: With the absence of Dana Air, Air Nigeria, Arik Air and Aero Contractors which is the last man standing is now in debt crises...Lord have mercy.
na road transport be the koko for now..

hit the road!