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Friday 21 September 2012

Arik Air Suspends Operations


The management of Arik Air, an Indigenous aviation player in Nigerian aviation industry has announced the suspension of their flight operations until further notice. Announcing this, senior vice president Mr. Chris Ndulue maintained that the resolution was taken because of the undue influence from the regulators and influential persons in the society. And that Aviation ministry and FAAN must reconcile their accounts on the debt purportedly being owed by the airline.  However, Federal Aviation Authority of Nigeria FAAN has hinted that they have no hands in the plight of Arik Air. There were reports that Arik air is highly indebted to FAAN (Federal Aviation Authority of Nigeria) with about 5 billion naira plus, Nigerian Aviation Management Authority, (NAMA) to tone of about 7 billion Naira plus and Nigerian Civil Aviation Authority ( NCAA) about 5 billion naira plus  but Arik MD denied this report. According to him, they regret the consequences of their actions to their numerous passengers.

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