AMCON proposes converting debt-laden Arik and Aero Contractors into Nigeria's national carrier.

AMCON suggests converting debt-ridden Arik and Aero Contractors into Nigeria's national carrier. The idea was previously proposed to the former aviation minister but rejected. AMCON's Managing Director, Gbenga Alade, plans to present the idea again, despite the sale of a special purpose vehicle initially intended for the project. Both airlines were taken over by AMCON in 2016 and 2017 due to unpaid debts.

August 27, 2024
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