Arik Air – Precise Post

AMCON In Dilemma Over ARIK’s Insolvency

May 6, 2022May 6, 2022 - by Editor - Leave a Comment

By Our Correspondent Abuja (Precise Post) – The Assets Management Corporation of Nigeria, (AMCON) is currently overwhelmed in debt and enormous operational difficulties putting it in dilemma over what to do with the current state of Arik Air Limited which it acquired five years ago. AMCON took over the airline in February 2017 and appointed Kamilu Omokide as its Receiver Manager with the mandate to turn around the fortunes of the ailing Africa’s biggest private carrier within a short period of time. Arik Air which had up to thirty serviceable aircraft with about three thousand workforce at its peak was down to ten airpanes as at December 2017 and was unable to operate flights due to mounting debts both local and foreign. The debt profile at the time of the AMCON acquisition was put at N300 billion comprising of foreign and local debts with a backlog of unpaid staff salaries and aviation statutory charges. Total foreign debts as reported totaled $51 million with that of Lufthansa Airline put at $47 million. The mandate of the Receiver Manager was to reposition …

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Alleged AGF influence: EFCC probes trending audiotape

December 24, 2021December 24, 2021 - by Precise Post - Leave a Comment

The Economic and Financial Crimes Commission (EFCC) yesterday said it had begun investigation into a trending audiotape containing claims, allegedly made by one of its prosecutors, Mr. Mohammed Idris, about the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN). It said the recording of what may be a conversation between Idris and a relative of a crime suspect contained “unsubstantiated claims” regarding the minister’s influence on the commission. The Nation reports that Idris, a police officer seconded to the EFCC, handles several cases for the commission in Lagos and elsewhere. The social media has been awash with the recording, which allegedly involves the lawyer discussing with the younger brother of a suspect facing corruption charges. The conversation claims that the minister compromised cases of corruption in the country. But responding the audio, EFCC Head of Media and Publicity, Wilson Uwujaren, said: “The attention of the EFCC has been drawn to a trending audiotape in the social media, where Mohammed Idris, a lawyer and seconded police officer with the commission, purportedly made unsubstantiated claims regarding the influence of …

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Arik Staff Soliciting Bribe Nabbed – FAAN

November 10, 2021November 10, 2021 - by Editor - Leave a Comment

…..Bemoans Incessant Extortion Of Passengers By Airport Officials By Our Reporter Lagos – The Federal Airports Authority of Nigeria (FAAN) said that a staff of Arik airline was apprehended while soliciting bribe from a passenger at the general aviation terminal in Lagos. Mrs Henrietta Yakubu, General Manager, Corporate Affairs of FAAN confirmed the development in a statement in Lagos on Tuesday. Yakubu said that this called for concern at an emergency FAAN management meeting on the incessant extortion of passengers by airport officials at the nation’s airports and steps being taken to address the situation. She said that the on-duty card of the erring staff was withdrawn immediately, and she was handed over to the relevant security agency for appropriate action in order to serve as deterrent to other bad eggs in the airport. According to her, recent embarrassing online videos where passengers complained of acts of extortion at the nation’s airport had necessitated the need to devise multi level strategies to curb the menace. Yakubu said that the managing director, FAAN, Capt. Rabiu Yadudu, directors of the Authority, Special …

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Arik Air Sacks 300 Workers, Gives Reason

December 4, 2020December 4, 2020 - by Precise Post - Leave a Comment

300 workers have been sacked by the management of Arik Air. This was announced in a statement by the airline on Friday. It blamed the sacking on the impact of the COVID-19 pandemic. The press statement was titled, “Arik Air management declares 300 staff redundant”. The company explained that a redundancy package would be provided for the affected workers with the help of the aviation unions. The statement read partly, “Arising from the devastating impact of the COVID-19 pandemic, leading to the constrained ability of the airline to complete heavy maintenance activities and return its planes to operations, stunted revenues against increasing operational costs, the management of Arik Air (In Receivership) has declared 300 staff members redundant to its current level of operations. “The leadership of the impacted unions have been contacted to negotiate a redundancy package for the affected staff.” More to come… Source

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Arik Air Promises Better Services as it Prepares for Post-COVID-19 Operations

May 23, 2020May 23, 2020 - by Editor - Leave a Comment

By Ogechi Okorie Abuja (Precise Post)- Arik Air, one of Nigeria’s indigenous airlines has assured of offering better services as it prepares to resume operations after the COVID-19 crisis, The Manager, Public Relations and Communications of the company, Mr Adebanji Ola,on Saturday announced this in a goodwill message to customers. He informed that the airline was collaborating with other aviation stakeholders to offer better service delivery. “No doubt, the post COVID-19 lock down will entail lots of sacrifices, changes and new thinking. “We assure that your favourite airline, Arik Air will be back and better. “As we prepare for the eventual opening of airports for flight operations, we are working closely with agencies such as the Nigerian Civil Aviation Authority. ”We are also working with the Federal Airports Authority of Nigeria on how to ensure smooth and safe passenger facilitation after COVID-19. “Before flight resumption, we will be embarking on enhanced health measures, including disinfecting and decontamination of all our aircraft. “Other protocols to be put in place for the safety of passengers and staff members will be advised as …

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Arik, Dana Air Join Air Peace, Aero Contractors Airlines in Suspending Flights Operations Over COVID-19

March 25, 2020March 25, 2020 - by Editor - Leave a Comment

By Lawani Mikairu Abuja (Precise Post) – More domestic airlines yesterday joined the list of airlines that will suspend their flight operations by midnight of Friday, 27th March. The latest of the airlines are Arik Air and Dana Air. Air Peace and Aero Contractors airlines had earlier on Tuesday announced that with effect from Friday, they will suspend flight operations. Disclosing Arik Air decision to suspend flight operations , Mr Adebanji Ola, Communications Manager, Arik Air said the airline took the decision in order to mitigate the risk of the spread of Corona virus (COVID-19) to its customers and staff. Ola said: “ Arik Air will temporarily suspend all scheduled commercial flight operations effective 23:00hrs on Friday, March 27, 2020. “The management took this decision in order to mitigate the risk of the spread of Corona virus (COVID-19) to its valued customers and staff, and hopes to resume services as soon as feasible. Customers who have confirmed tickets have been advised that they could still use their tickets when the airline resumes flight operations. Such tickets could also be modified …

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Arik Air Resumes Services To Asaba

December 13, 2019December 13, 2019 - by Edit - Leave a Comment

By Yunus Yusuf Lagos – Arik Air on Thursday announced the resumption of flight services to Asaba Airport in Delta. Arik Air Chief Executive Officer, Capt. Roy Ilegbodu, said in a statement in Lagos that starting from Dec. 18, the airline would be operating daily flights from Lagos to Asaba. Ilegbodu said that the resumption of flights to Asaba was coming at a time when people were looking for seamless travel during the Yuletide. “Arik Air’s return to Asaba is nostalgic as the airline was the first to commence commercial flights to Asaba when the airport was inaugurated in 2011. “Similarly, Arik Air, in the spirit of the Yuletide season, will be increasing its frequency from Lagos to Owerri to thrice daily. “The additional flight will operate at 7:00 a.m. daily in addition to the 1:00 p.m. and 4:30 p.m. departures,” he said. Speaking on the latest development, Ilegbodu said: “The resumption of flights to Asaba is a promise kept as we had assured our esteemed customers that we would be back on the route before the Christmas festivities. “We …

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Arik Air Resumes Flights To Owerri

October 14, 2019October 14, 2019 - by Edit - Leave a Comment

By Yunus Yusuf Lagos – Arik Air says it will resume flight services to the Sam Mbakwe Airport, Owerri, from Oct. 21. The airline made the announcement in a statement signed by its Chief Executive Officer, Capt. Roy Ilegbodu, on Monday in Lagos. Ilegbodu said the airline suspended flights to Owerri early in 2019 due to operational exigencies, adding that since then passengers had been yearning for a return of the carrier. He said re-launch of flights to Owerri was coming on the heels of resumption of services to Warri by the airline on Sept. 6. “We made a promise to our esteemed customers that we will be returning to the routes that were suspended earlier in the year and our resumption of flights to Warri and now Owerri are a promise kept. “In the coming weeks, the airline will be returning to more previously suspended destinations as well as opening more routes to cope with passengers’ demands,’’ Ilegbodu added. (NAN)