AfricaAviation News

Arik Shareholders in Talks With Dubai Firm to Reclaim Airline

Arik Shareholders in Talks With Dubai Firm to Reclaim Airline

In a move to reclaim Arik Airline from the Assets Management Corporation of Nigeria (AMCON), shareholders of the airline have initiated talks with a major investor to partner the airline and offset its indebtedness to AMCON and other creditors, it was learnt yesterday.
Informed sources said yesterday that the new firm, a Middle-East conglomerate based in Dubai, UAE has indicated interest in the airline as part of its investment in air transport.
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