An Aero Contractors plane
Aero Contractors Airline suspended all its scheduled services indefinitely from Thursday Sept. 1.
The airline’s Chief Executive Officer, Mr Fola Akinkuotu, said in a statement in Lagos that the management decision was part of the strategic business realignment to reposition the airline and return it to the path of profitability.
He said that all staff directly and indirectly involved in providing the services, would also proceed on indefinite leave of absence.
“This business decision is as a result of the current economic situation in the country, which has forced some other airlines to suspend operation or outrightly pull out of Nigeria.
“In the case of Aero, the airline has faced grave challenges in the past six months, which impacted its business and by extension the scheduled services operations,’’ he said.
Akinkuotu said the impact of the…
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