LAGOS JULY 23RD (NEWSRANGERS)-An Abuja High Court has issued a major ruling mandating the sale of aircraft, hangars, and other movable assets owned by Arik Air Limited. Specifically,the court directed sale of the aircraft with the registration numbers B737-700/5N-MJF, B737-800/5N-MJQ, DASH8-Q400, and 5N-BKX. This decision comes as a result of the airline’s substantial outstanding debts…
LAGOS JUNE 17TH (NEWSRANGERS)-The Economic and Financial Crimes Commission has detained the Receiver Manager appointed by the Assets Management Corporation of Nigeria for Arik Nigeria Limited, Mr Kamilu Omokide, over alleged misappropriation and diversion of about N120bn. Saturday PUNCH learnt that the EFCC detained Omokide alongside one Captain Samuel Caulcrick in connection with alleged illegal…
LAGOS JULY 7TH (NEWSRANGERS)-Nigeria’s airspace will roar back to life on Wednesday as six domestic carriers are set to resume flights after more than three months the Federal Government shut down all airports to prevent Coronavirus spread. The airlines are Arik Air, AeroContractors, Air Peace, DANA Air, AZMAN Air and Max Air . Their resumption…
LAGOS DECEMBER 26TH (NEWSRANGERS)-An Arik aircraft from Lagos to Port Harcourt on Wednesday morning made a return to the Murtala Muhammed Airport, Lagos, over oil indication light in its cockpit. The aircraft had proceeded on the trip when the pilot in command noticed the indication light and as a safety precaution opted to return to…
LAGOS DECEMBER 9TH (NEWSRANGERS)-Over two years since the Federal Government took over Arik Air, more facts have emerged on how the airline was mismanaged, with the latest alleging the acquisition of two dated planes for N91b. Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, disclosed this yesterday, saying such wastage was…
LAGOS NOVEMBER 12TH (NEWSRANGERS)-Nigeria’s commercial airlines have the oldest aircraft fleet in Africa, with the age of an aircraft in one of the airlines, being 28.1 years, the age many planes are either due for retirement or decommissioning or may have been retired at least some years earlier. In sharp contrast, major African airlines, such…
LAGOS OCTOBER 30TH (NEWSRANGERS)-The minister of transportation, Rotimi Amaechi, and other passengers had an horrifying experience during a flight from Port-Harcourt, Rivers state capital to Lagos. It was gathered that the flight via Arik airline experienced a two hour turbulence mid-air, leaving the passengers frightened and in panic as they engaged in serious prayers and…