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Arik Airline Collapses

Arik Airline crisis has taken a fresh dimension as the Federal Government of Nigeria has taken over the airline. Asset Management Corporation of Nigeria, (AMCON), in a statement said: “We assure all stakeholders that the intervention is in the best interest of the general public, workers, creditors and other aviation interest groups.”

Senator Hadi Siriki, Minister of State for Aviation equally explained that: “We believe that this appointment is timely and will stabilize the operations of the airline. This will enhance the long term economic value of Arik Air and revitalize the airline’s ailing operations as well as sustain safety standards, in view of Arik Air’s pivotal role in the Nigerian aviation sector.”

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“The Federal Ministry of Aviation would support the new management of the strategic carrier and necessary steps have been taken to ensure that there would be no undue disruption on Arik’s regular business operations or activities of other stakeholders.”

Capt. Ilegbodu who is now the new boss of the airline under the receivership of Opasanya, SAN has assured both staff of the troubled airline and all other stakeholders that his appointment at Arik would among other objectives enhance the value of Arik, improve customer experience, and sustain the safety.