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‘why Arik Air Failed’ by Takeit2017(m): 4:36am On Mar 17, 2017
LAGOS—Experts in the aviation sector have said that the recent takeover of Arik Air by Asset Management Company of Nigeria, AMCON, and failure of majority of airlines in Nigeria is due to the country’s harsh operating environment.
This has reduced the number of operational airlines from 150 in 2000 to less than nine airlines in 2017.

The Nigerian Civil Aviation Authority, NCAA, had recently disclosed that when the regulator commenced operation in year 2000, it had 150 operating airlines in its register but that number has reduced today to about nine airlines.

CC: seun, Lalasticlala, Mynd44

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Re: ‘why Arik Air Failed’ by Nobody: 7:04am On Mar 17, 2017
APC government

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