Economy News

Arik To Become A Pioneer – AMCON

Arik To Become A Pioneer – AMCON
  • PublishedJanuary 18, 2018

The Asset Management Corporation of Nigeria said it will make sure Arik Air transforms the county’s aviation industry by becoming a Pioneer of newness and creativity.

This was stated by AMCON’S Managing Director Ahmed Kuru after the recent completion of a C-check on Boeing 737-500 aircraft.

The corporation took over the management of Aero Contractors in 2016 after it annulled the board of the airline and also took over from Arik last year after a debt problem that threatened to put a stop to the carrier.

Kuru said, “We can see what Aero has been able to achieve and we will also push Arik to become a trailblazer in Nigeria’s aviation industry.

“As a recovery agency of the Federal Government, it was not for us an option to stand aloof and watch, while airlines with rich history are grounded as a result of challenges in management and governance, plus accumulated debt obligations.”

He stated that aviation was not just a critical sector, but also a strategic and core component of any economy that wished to compete on the global scene.

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