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…