Wednesday, September 19, 2018

Tag "AERO Contractors"

    Aero Contractors increases number of flights, takes delivery of more aircraft

Aero Contractors increases number of flights, takes delivery of more aircraft

Aero Contractors says it has expanded its operations with the delivery of more aircraft to its fleet.According to NAN, Ado Sanusi, CEO of the company, said the number of flights to Abuja from Port Harcourt, Sokoto, Asaba, Port Harcourt and Kano from Lagos have been increased.He said the airline will as from September 17 start flying daily on the Abuja-Port [...]

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    AMCON may dispose of Aero Contractors, Arik Air in 2018

AMCON may dispose of Aero Contractors, Arik Air in 2018

The Asset Management Corporation of Nigeria (AMCON), says 2018 will be a busy year because it plans to dispose assets like Aero Contractors and Arik Air.In April, AMCON said it is willing to exit the aviation sector if the owners of the companies pay their debts.In a statement released by Jude Nwauzor, AMCON's head of corporate communications, the corporation said [...]

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    Pay the debts and take back your company, AMCON tells Arik, Aero owners

Pay the debts and take back your company, AMCON tells Arik, Aero owners

The Asset Management Corporation of Nigeria (AMCON) says it is willing to handover ownership of Arik Air and Aero Contractor airlines if the owners are willing to pay the debts owed by the companies.Speaking during the weekend at the sixth Nigeria Transport Awards and Lecture, Ahmed Kuru, AMCON chairman, said the corporation did not wish to operate in the airline [...]

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    Reps to visit Arik, Aero airlines for assessment

Reps to visit Arik, Aero airlines for assessment

The house of representatives will pay a visit to Arik Air and Aero Contractors airlines for an on-the-spot assessment of both airlines.Jones Chukwudi Onyereri, chairman of the house of representatives committee on banking and currency, made this known during a visit to the headquarters of the Asset Management Corporation of Nigeria (AMCON) in Abuja on Wednesday."As a matter of fact, apart [...]

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    AMCON: Passengers praise us for Arik, Aero intervention

AMCON: Passengers praise us for Arik, Aero intervention

The Asset Management Corporation of Nigeria (AMCON) says it has received commendation from airline passengers for its intervention efforts in Arik Air and Aero Contractors.In a statement received by TheCable and signed by Jude Nwauzor, the corporation said Arik Air is "now the number one when it comes to keeping to flight time schedules".In February 2016, AMCON took over Aero [...]

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    Aero Contractors is ‘first Nigerian airline certified’ to carry out airplane maintenance

Aero Contractors is ‘first Nigerian airline certified’ to carry out airplane maintenance

Aero Contractors says it has received certification from the Nigerian Civil Aviation Authority (NCAA) to handle C-checks on Boeing B737-300, B737-400 and B737-500 at the airline’s terminal effective from September 12, 2017.According to a statement shared with TheCable, this is the first time a flag carrier would get such certification."It would be recalled that Aero had earlier received an AMO [...]

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    Dana aircraft loses engine mid-air, makes emergency landing in Lagos

Dana aircraft loses engine mid-air, makes emergency landing in Lagos

A plane belonging to Dana Air lost one of its engines mid-air on Friday, forcing it to make emergency landing at the Murtala Muhammed airport in Lagos.The aircraft was heading to Port Harcourt in Rivers state, when the incident happened.The airline said bird strike was responsible for the incident which left hundreds of its passengers stranded.Bird strike is a collision [...]

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    Aero apologises for smoke-filled aircraft, says incident occurred during descent

Aero apologises for smoke-filled aircraft, says incident occurred during descent

The management of Aero Contractors has apologised to passengers aboard flight NG316, which was recently engulfed with smoke mid-air.The airline says that it would get to the root of the matter.A passenger had narrated on Twitter how the compartments of the Lagos-bound flight, which took off in Port Harcourt, became filled with smoke mid-air.A statement released by the airline noted [...]

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    After four-month break, Aero Contractors resumes operations

After four-month break, Aero Contractors resumes operations

Aero Contractors airlines on Tuesday announced the resumption of its scheduled services across the country from Wednesday.Fola Akinkotu, the airline’s chief executive officer (CEO), made the confirmation in a statement in Lagos on Tuesday.Akinkuotu said the airline resumed operations after a near four-month self-imposed suspension.He said the suspension of flight was embarked upon as a strategic business realignment to re-position [...]

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    Aero, FirstNation gone… 7 reasons why your favourite airline could be next

Aero, FirstNation gone… 7 reasons why your favourite airline could be next

Two Nigerian airlines announced a shutdown – or suspension – less than 48 hours after the National Bureau of Statistics (NBS) confirmed that Nigeria is in its worst economic recession in 29 years.Is it some sort of coincidence that the ailing airlines waited for the official recession report before they called their own recession? We do not think so. It is the [...]

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    After Aero, FirstNation Airways suspends operations

After Aero, FirstNation Airways suspends operations

FirstNation airlines has suspended its operations barely 24 hours after Aero Contractors, another airline, announced the indefinite suspension of its own operations.Muhtar Usman, director-general of the Nigerian Civil Aviation Authority (NCAA), announced the suspension in a statement where he also explained Aero Contractor's absence from the aviation scene.Usman said FirstNation was in the middle of an engine replacement programme for one [...]

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    Aero Contractors suspends operations indefinitely

Aero Contractors suspends operations indefinitely

Aero Contractors, one of Nigeria’s airlines, says it will suspend its operations indefinitely on Thursday.The management of the airline announced this in a statement by Simon Tumba, its media consultant, on Wednesday, stating that it will refund all customers with valid tickets.It said that its decision was informed by the need to re-position the airline for profitability.“The impact of the [...]

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    Fuel scarcity grounds Aero Contractors’ operations

Fuel scarcity grounds Aero Contractors’ operations

Aero Contractors, Nigeria’s domestic carrier, has cancelled several flights in the last two days owing to limited supply of JET A1, also known as aviation fuel.Some passengers of the airline have been stranded, especially at the Murtala Muhammed Airport in Lagos.In a statement issued on Monday, Aero tendered apology to its customers, saying it was doing its best to resolve [...]

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    Aero Contractors fires 100 workers

Aero Contractors fires 100 workers

At least 100 workers outsourced to Aero Contractors by Skyborne Ltd have been sacked following the airline's decision to review its relationship with the company.The airline confirmed the development in a statement issued on Friday by Simon Tumba, its media consultant.The statement said: “In the course of reorganising and repositioning its business, Aero Contractors has reviewed its relationship with Skyborne [...]

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    Aero names ‘Pope Paul’s pilot’ as new CEO

Aero names ‘Pope Paul’s pilot’ as new CEO

Adeniyi Adegbonmire, receiver manager for Aero Contractors, has appointed Fola Akinkuotu as substantive CEO, as part of the second phase of the restructuring process of the airline.Akinkuotu flew Pope John Paul II in Nigeria during his visit to Nigeria in 1998.According to Adegbonmire, the second phase of the intervention was to appoint a CEO after 15 days of the tenure of Tunde [...]

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    120 escape death mid-air in ‘faulty’ Aero aircraft

120 escape death mid-air in ‘faulty’ Aero aircraft

About 120 passengers aboard Aero Contractor Airline Flight 180 from Lagos to Kaduna escaped death late Friday when the plane developed technical fault mid-air.The aircraft suddenly lost altitude 20 minutes after departure, forcing it to wobble in the air for over one hour before eventually diverting to Abuja.“The plane lost altitude 20 minutes after take off. No more oxygen and [...]

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Exchange Rates

September 18, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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