Showing posts from February, 2017

Nigeria Aviation News Headlines for Thursday February 23, 2017

Has Arik Air lost her prestigious title as Nigeria and West Africa's largest Carrier? Hopefully, Arik will rise above her storms and come out stronger. Please find the headlines below and follow the links to read the stories in full. IATA Suspends Arik From Billing System Arik Air, which was recently taken over by the Assets Management Corporation of Nigeria (AMCON) following huge indebtedness, has been suspended from the International Air Transport Association (IATA) Billing and Settlement System (BSP). However, IATA said the airline is still a member of the global body which is the clearing house for over 250 airlines.   IATA Area Manager, South West Africa, Dr, Samson Fatokun, said yesterday that the organisation is working with the new management of Arik to resolve the development. BSP was designed to facilitate the selling, reporting and remitting procedures of IATA Accredited Passenger Sales Agents, as well as improve financial control and cash flow for B

Season of Court-Induced Takeover Hits Nigeria Aviation

This is not the best of times for Nigerian airlines. As it stands, none is immune to turbulence. In recent times ,trouble has been moving from one airline to the other and for those airlines that are yet to encounter trouble, it seems to be a matter of time. On February 9 2017,the world was greeted with the news of the takeover of Nigeria,s largest airline; Arik Air, by the Asset Management Corporation of Nigeria (AMCON)due prolonged debt issue following an injuction from the court. Also, on February 14 2017,  AMCON took over  Odengene Air-Shuttle Services (OAS) Helicopters in Lagos  over alleged indebtedness  following a court order as well.  OAS is one of the leading helicopter chatter service companies in the country.   It was also the same AMCON that in year 2016 took over and is now Nigeria's oldest domestic airline; Aero Contractors in 2016. However, all the affected airlines share one thing in common:they were among the airlines that benefited from the interve

Arik Air Introduces Special Valentine Fares

Valentine is around the corner and a lot of organisations are introducing freebies.  One of such organisations is Nigeria's largest airline; Arik Air. Arik Air  is giving away one complimentary flight ticket for every ticket purchased this valentine season as part of a series of sales promotions to celebrate the airline’s 10 th  anniversary. Arik Air said in a statement that "The first among the planned offers is the special Valentine promo fare which is available from 31 January, 2017. Customers can take advantage of this offer by buying one return ticket to any destination within Nigeria and then get another return ticket free for their loved one. The offer is open for purchase on or before  14 February, 2017 . To make this super flexible, convenient and to give adequate time for customers to plan their getaways with their loved ones, the offer permits the first sector to be travelled anytime until  28 February, 2017  while the return sector can be completed on