Chairman of Arik Air, Sir Arumemi Ikhide, has said the airline plans to rebuild its an aircraft maintenance hangar in Lagos in partnership with Lufthansa Technik, the Boeing Company and Bombardier, ...

The Asset Management Company of Nigeria (AMCON) Thursday took over the management of Arik Air as part of measures to provide respite for the airline. AMCON according to a statement has appointed ...

JOHANNESBURG (AP) — Nigeria’s government is taking over the country’s biggest airline, Arik Air, to “instill sanity” and prevent “a major catastrophe” in the aviation industry of Africa’s most ...

Nigeria's state-owned Asset Management Corporation of Nigeria (AMCON) has taken control of Arik Air given the privately-owned carrier's growing inability to settle wage arrears and other debts, ...

The fourth prosecution witness in the ongoing trial over the alleged N76 billion and $31.5 million fraud linked to Arik Air has told a Lagos court that no forensic audit was carried out to determine ...

Arik Air has signed an MoU with Dubai airline Emirates to develop and expand their existing commercial relationship and explore further areas of co-operation. The two airlines currently have a one-way ...

The airline cited the coronavirus pandemic and dwindling revenues for its action. The company cites the COVID-19 pandemic as reason for the decision. “Arising from the devastating impact of the ...

Bawa Usman Kaltungo, on Tuesday told the Special Offences Court sitting in Ikeja, Lagos, that Arik Air Nigeria Limited had repaid 38 per cent ...

Arik Air has announced the appointment of Mr. John Roijen and Mr. Kevin Dudley, who will take up the positions of chief financial officer (CFO) and chief operating officer (COO), respectively. Arik ...

According to insiders at the LPDC, the Arik shareholders’ petition raised serious allegations against Opasanya, centring on his role in securing and managing legal authority for the receivership.