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Nairaland Forum / Nairaland / General / Politics / BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline (1260 Views)
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BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by masterpiece86: 2:00pm On Feb 09, 2017 |
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 management of the Asset Management Corporation of Nigeria, AMCON, said the decision to intervene clearly underscores the government’s commitment to instill sanity in the country’s aviation sector to prevent a major catastrophe in the country. “The development will afford Arik Airlines, which is the largest local carrier in the country, to go back to regular and undisrupted operations, avoid job losses, protect investors and stakeholder funds as well as ensure safety and stability in the already challenged aviation sector,” AMCON spokesperson, Jude Nwauzor, said. Under the new arrangement, the airline would be managed by Roy Ilegbodu, a veteran aviation expert, under the receivership of Oluseye Opasanya, a senior advocate of Nigeria. http://www.premiumtimesng.com/news/headlines/223041-breaking-nigerian-govt-takes-over-distressed-arik-airline-gives-lifeline.html |
Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by jlinkd78(m): 2:08pm On Feb 09, 2017 |
f |
Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by Eledan: 2:09pm On Feb 09, 2017 |
masterpiece86: Arik is in receivership ? |
Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by Iamwrath: 3:05pm On Feb 09, 2017 |
Well, if it's not the plan in the first place Then it means more jets for Nigerian airways As promised a few weeks ago |
Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by CriticMaestro: 3:19pm On Feb 09, 2017 |
seun and reccession news |
Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by Blue3k(m): 4:31pm On Feb 09, 2017 |
Domestic airlines folding like cards. Why the Federal Government? Why don't other private parties buy them out or merge with them.
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Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by AmeerahFKI(f): 10:21pm On Feb 15, 2017 |
Masterpiece86 lets talk pls, antispam bot banned me in our meeting point. |
Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by AmeerahFKI(f): 9:48pm On Feb 16, 2017 |
Akhi, didnt u see my post above why is it taking u the whole year for u to reply? Are u ok at all? Drop ur digits, its urgent. |
Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by Nobody: 1:00am On Feb 17, 2017 |
That miss RIP for Arik The FG can't manage an airline company......if in doubt show us one surviving airline company |
Re: BREAKING: Nigerian Govt Takes Over Distressed Arik Airline, Gives Lifeline by masterpiece86: 2:17pm On Feb 19, 2017 |
AmeerahFKI: |
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