Flight operations to the London and Johannesburg routes have been suspended by Arik.
This announcement was made by the spokesman of the Asset Management Company of Nigeria, AMCON, Jude Nwauzor, on Tuesday in Lagos.

The News Agency of Nigeria reports that AMCON had on February 9 taken over the airline following its huge indebtedness to the company and other creditors, both local and foreign.

Mr. Nwauzor said the suspension would enable Arik Air to find a permanent solution to problems facing its passengers and carry out a thorough assessment of its situation.
He said, ”The strategic business decision is meant to realign our operations and refocus on satisfying our domestic and West Africa and other international passengers.

“It will also present Arik with excellent opportunity to engage and discuss with creditors who have become restive since the intervention and have also understandably exhausted their patience due to non-payment of accumulated debt and non-performance on services and contracts.”

Furthermore, Mr. Nwauzor said, "consequent upon this, arrangements were being made to refund all international passengers of the airline that were affected by this decision".
“To our international creditors, Arik is most grateful for your patience and understanding.
“We reassure them that all pending issues with the airline will be duly addressed as a matter of priority as we plan to engage them in this regard,” he added.

According to him, the international route is very critical for the strategic turnaround, growth strategy and stability of the airline.
Mr. Nwauzor said the airline intends to revisit the routes immediately it addresses all the problems inherited, which was affecting and creating more dissatisfied passenger base.

He said, “We appeal to all passengers to kindly bear with us as the decision is to ensure that the airline adheres strictly to international aviation best practices,”.
http://www.fatisticinfo.com/2017/02/arik-suspends-flight-operations-to.html
Lalasticlala, Mynd44

Too much iranu in Nigeria

arik air and excuses

well, AMCON should do the needful either recapitalise them or kick start the process of liquidation.






GeniusJ

Thought government took over

Just as KPMG wants to conduct a forensic audit for them.

How does this news bring back our buahri?

Z

Good news for medview

Our government is so silly. What did they (the banks and cbn) think when they were investing in an airline Co?
Running and maintained an airline is expensive as heck. But with patience and commitment, they will recoup their dosh. Please dont kill Arik.

Arik air,well sha ah Neva undastand una packaqe sef

Good night Arik

Indigenous companies seems to be going down is this Bubu regime. Bubu should all he can to salvage this situation.

Corruption fighting back

make I kuku roll out my airline company MaxAir





Many business are going down under thus bedridden sickler brain damage Buhari mal-administration

I'm not understanding ooo,
When they was corruption ds things were not happening but now when Baba is fighting corruption outside APC compound things are getting worse.

More business for South African Airways...

Things is just falling apart for Nigerians..


My pity to my Naija people

Chai.... Well arik was already dead na. No maintenance culture

Arik air should just consult me

People still fly Arik

na wa ..Nigerian cannot run anything ...what are you good at ??

zangphils:
i

please don't go to india ..they don't like black people ..Philippines is OK ..ish

Cost of air travel in those location would be mad now?