Federal Government To Merge Arik Air & Aero Contractors As National Carrier

Federal Government To Merge Arik Air & Aero Contractors As National Carrier

According to Guardian News, a likely merger and conversion of assets of Arik Air and Aero Contractors is one of the options being considered by the Federal Government (FG) in the buildup to a new national carrier for the country.

The option, according to sources, is due to the alleged debt burden of the airlines. Besides, despite government’s recent intervention since their takeover by the Assets Management Corporation of Nigeria (AMCON), the airlines are not promising in terms of operations and debt payment.

Question is, can Nigeria Federal Government maintain and sustain an Airline Company? With the emerging corruption inherent in Nigerian government, it will be a myth to manage and airline company considering that it involves the lives of thousands of Nigerians.  
Federal Government To Merge Arik Air & Aero Contractors As National Carrier Federal Government To Merge Arik Air & Aero Contractors As National Carrier Reviewed by Exlink Lodge on Monday, May 15, 2017 Rating: 5

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