The Asset Management Corporation of Nigeria (AMCON) said public confidence was gradually returning to Nigeria’s largest domestic carrier, Arik Air, barely two weeks after it took over the airline.
AMCON made the claim in a statement signed by its spokesman, Mr Jude Nwauzor, and obtained by the News Agency of Nigeria (NAN) on Sunday in Lagos.
NAN reports that the airline was on Feb. 9 taken over by the Federal Government under the auspices of AMCON as a result of its debt profile of over N300 billion.
AMCON appointed Capt. Roy Ilegbodu, a veteran aviation expert, to manage the airline under the receivership of Mr Oluseye Opasanya (SAN).
Nwauzor said the new management were confronted with a barrage of challenges, they had surmounted the problems, adding that they had been stabiliseing airline’s operations with the few…
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