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Nairaland Forum / Nairaland / General / Travel / Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines (499 Views)
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Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines by Blue3k(m): 4:01pm On Sep 10, 2017 |
Arik Air Limited has filed a N20 billion suit against the Federal Government and Ethiopian Airlines over recent claims in the media that they were negotiating the takeover of the airline. Source: https://m.guardian.ng/business-services/aviation-business/takeover-negotiations-arik-air-files-n20bn-suit-against-fg-ethiopian-airlines/ Front Page: Lalasticlala Mynd44 |
Re: Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines by Blue3k(m): 4:05pm On Sep 10, 2017 |
Confusionist government my head spinning keeping up with this story. AMCON denied negotiations with Ethiopia Arlines if you can believe that. The left hand doesn't know what right hand is doing half the time it seems. Nawa for Ethiopian airlines you try to go through right channels just get end up in lawsuit. 1 Like
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Re: Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines by emi14: 4:22pm On Sep 10, 2017 |
All educated people in Nigeria cannot manage common airline company. The fact remains that error and poor management contributed to the negotiation of takeover or related rumours. |
Re: Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines by Nobody: 4:35pm On Sep 10, 2017 |
Airik is that one a name? Useless people |
Re: Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines by Blue3k(m): 4:46pm On Sep 10, 2017 |
emi14: I think Ethiopian airlines thought it was more than a rumor. They talking to ministry of transport allegedly. The only big question is how could AMCON and Ministry of Transport not talk this over before any supposed negotiations. It, therefore, asked the court to declare the negotiations null and void because the Ministry of Transportation had no power to transfer the management of the airline to Ethiopian Airlines while the suits over the takeover are pending. Front page: Lalasticla |
Re: Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines by emi14: 5:27pm On Sep 10, 2017 |
Blue3k:Because we have presidency instead of president. Nobody is in charge |
Re: Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines by davidif: 1:39am On Sep 11, 2017 |
And this is why the govt should never have nationalized them in the first place? 1 Like |
Re: Takeover Negotiations : Arik Air Files N20bn Suit Against FG, Ethiopian Airlines by Blue3k(m): 1:50am On Sep 11, 2017 |
davidif: They should have just let these guys fail. Arik Airways is suing AMCON on multiple fronts. The plaintiff noted that the Asset Management Company of Nigeria (AMCON) had taken over the airline on Feb. 8 which was challenged by its management via two suits already pending before the Federal High Court, Lagos. 1 Like |
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