Arik Air is indebted to NAMA on the Terminal Navigation Changes (TNC) and en route air charges for both domestic and international operations.
Outstanding debt:
International $N 1,889,000,000 ($12.6 million USD)
Domestic $N 605,000,000 ( $4 million USD)
Pilots were told Saturday evening that they should be happy that they are paid late, because many other airlines also pay late.
In other words, it won't ever be on time.
B777's are cancelled. Announced are some crazy orders for REALLY big airplanes that we'll also not see ever. Does anybody see a pattern here?
When those planes don't arrive, then it will be announced that space shuttles and lunar orbiters are on order... all contingent on the company remaining in business that long.