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Old 31st Mar 2012, 12:38
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flareout BC
 
Join Date: Dec 2008
Location: Benin City, Nigeria
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Sir Joseph/ Arik outlook

I think Sir Joseph's a poor manager, besides bullying his staff and paying salaries late. For instance, the London route is an ego trip, let's face it. BA and Virgin are giving Arik a hiding, which may explain why Air Nigeria and even First Nation (formerly Bellview), havent joined the fray .

By contrast, Arik's outlook is bright. You've got to hear the other Deep Pockets mentioned as shareholders and you'll know what I mean. It's huge local debts won't cause the local banks any trouble either: it is said that if the Federal Government allowed its debts to cripple Arik or anything like that, we'd have a major crisis across several banks and this government is not about to accept that, read, it would step in. Its equipment, routes and government patronage also, mean, overall, that its outlook is good.
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