Arik Air Again!!
Joined: Mar 2006
Posts: 77
Likes: 0
From: around.....
Latest news is that the chairman is in jail!
Joined: Jul 2001
Posts: 90
Likes: 0
From: London
Arik Air Nationalised !!!
from the BBC website......
Nigeria government takes over Arik Air
Posted at 15:22
Nigeria's government has taken over the country's biggest airline Arik Air, which has been experiencing financial difficulties in recent times.
A statement confirming the takeover says it was meant to bring stability to the country's aviation industry:
Nigeria government takes over Arik Air
Posted at 15:22
Nigeria's government has taken over the country's biggest airline Arik Air, which has been experiencing financial difficulties in recent times.
A statement confirming the takeover says it was meant to bring stability to the country's aviation industry:
The move... clearly underscores the government’s commitment to instilling sanity in the country’s aviation sector and prevent a major catastrophe
and
Arik Air 'was overwhelmed'
Posted at 16:11
Nigeria's government has been giving reasons taking over Arik Air, the country's biggest privately owned airline.
In a statement, it said:
and
Arik Air 'was overwhelmed'
Posted at 16:11
Nigeria's government has been giving reasons taking over Arik Air, the country's biggest privately owned airline.
In a statement, it said:
For some time now, the airline, which carries about 55% of the load in the country, has been going through difficult times that are attributable to its bad corporate governance, erratic operational challenges, inability to pay staff salaries and a heavy debt burden, among other issues, which led to the call for authorities in the country to intervene before Arik goes under like many before it.
The myriad issues confronting Arik Air of late range from confiscation of aircraft due to non-payment of leases, frequent flight delays, constant fracas between Arik staff and irate passengers at both local and international airports etc.
I shall make no comment about the governments ability to restore sanity in anything.
I shall make no comment about the governments ability to restore sanity in anything.
Joined: Apr 2002
Posts: 3,349
Likes: 1
From: FUBAR
Posted at
17:08
To fly Arik Air often meant never getting off the ground.
Even by the standards of Nigerian airlines, Arik was a byword for utter dysfunction.
Passengers were so frustrated with delays and cancellations that the airline was forced to issue a plea for them not to attack staff.
Now the government has stepped in after the company wracked up enormous debts and left employees unpaid for months.
A new chief executive has been appointed to run the airline. The Nigerian aviation minister said he hoped the changes would revitalize the company’s ailing operations.
Arik is not the only airline struggling in Nigeria. Last year – Aero Contractors, the country’s second –biggest carrier, suspended operations for four months after experiencing economic difficulties.
In recent months - the country’s airlines were also hit by a series of fuel shortages that led to mass disruptions.
17:08
To fly Arik Air often meant never getting off the ground.
Even by the standards of Nigerian airlines, Arik was a byword for utter dysfunction.
Passengers were so frustrated with delays and cancellations that the airline was forced to issue a plea for them not to attack staff.
Now the government has stepped in after the company wracked up enormous debts and left employees unpaid for months.
A new chief executive has been appointed to run the airline. The Nigerian aviation minister said he hoped the changes would revitalize the company’s ailing operations.
Arik is not the only airline struggling in Nigeria. Last year – Aero Contractors, the country’s second –biggest carrier, suspended operations for four months after experiencing economic difficulties.
In recent months - the country’s airlines were also hit by a series of fuel shortages that led to mass disruptions.
Joined: Feb 2004
Posts: 481
Likes: 0
From: Lost and Legless somewhere in LaLaLand
AMCON takes over Arik Air, appoints Capt. Ilegbodu new MD - Vanguard News
At last the government has stepped in
At last the government has stepped in
Joined: Apr 2002
Posts: 3,349
Likes: 1
From: FUBAR
Joined: Feb 2010
Posts: 1,777
Likes: 0
I attended a recent meeting about the closure of Abuja airport, hosted by the Deputy Minister for Aviation. He rambled on about how it was disgrace that a country like Nigeria had no national airline lol! Only in Nigeria...
Joined: Apr 2009
Posts: 71
Likes: 0
From: Some where anywhere
Go to another post I wrote. Naija pilots can't really go anywhere else. RwandAir has hired a few. They've had problems with a few as well. They think they're extremely clever...
Joined: Sep 2008
Posts: 629
Likes: 1
From: Been around the block
You're correct, a Nigerian passport and license are a ticket to easy, global travel and aviation success....dude really????
Joined: Feb 2017
Posts: 1
Likes: 0
From: South Africa
When we started Arik Air, we were told that after two or three years the locals will have to take over … and they did. What a mess. It is sad to see about 20 aircraft grounded... the same "picture" we saw when we started Arik; old Nigera Airways aircraft abandoned.
regards to you all.
regards to you all.
Joined: Aug 1999
Posts: 1
Likes: 1
From: Hyeres, France
The HUGE mystery this past five years or so has always been who was stupid enough to keep bankrolling them as one crisis staggered into yet another.
Oh well....Whoever its was has now finally seen sense. There's a mantra which they seem to have finally learned the words to -
Losing money playing Poker in Las Vegas is fun....
Losing money playing Roulette in Monte Carlo is style....
Losing money playing around with Nigerian companies is inevitable....
Tough times for a couple of good friends and some other very good pilots I know who were stuck in a lose-lose situation at the cess-pit which is the AAAC of wanting to leave but couldn't afford to leave because they knew that they would never, ever, get the money owed to them.
Good Luck guys.
Oh well....Whoever its was has now finally seen sense. There's a mantra which they seem to have finally learned the words to -
Losing money playing Poker in Las Vegas is fun....
Losing money playing Roulette in Monte Carlo is style....
Losing money playing around with Nigerian companies is inevitable....
Tough times for a couple of good friends and some other very good pilots I know who were stuck in a lose-lose situation at the cess-pit which is the AAAC of wanting to leave but couldn't afford to leave because they knew that they would never, ever, get the money owed to them.
Good Luck guys.
Nigerian In Law
Joined: May 2004
Posts: 1,199
Likes: 92
From: The stool at the end of the bar
4runner,
I'm guessing your sarcasm comes from living/working in Nigeria, although of course this is an open forum so I may be way off base. Either way, I'm not Nigerian but I lived and worked there for 23 years and only left because I got cancer, otherwise I'd still be there and enjoying the friends I made.
Please don't "diss" an entire country just because you've had a bad experience and/or developed a jaundiced view. One of my neighbours in UK is an A380 Captain; guess what Nationality......
Tragic the guys who've lost their money won't ever get it.
I'm guessing your sarcasm comes from living/working in Nigeria, although of course this is an open forum so I may be way off base. Either way, I'm not Nigerian but I lived and worked there for 23 years and only left because I got cancer, otherwise I'd still be there and enjoying the friends I made.
Please don't "diss" an entire country just because you've had a bad experience and/or developed a jaundiced view. One of my neighbours in UK is an A380 Captain; guess what Nationality......
Tragic the guys who've lost their money won't ever get it.
Last edited by Jetdriver; 15th April 2021 at 15:33.
Joined: Sep 2008
Posts: 629
Likes: 1
From: Been around the block
I really like nigeria and Naijas. I'm not dissing the country or the peeps. I was sheltered, fed and given tp and tea from the people that clean the toilets at Lagos Airport after spending the night in the terminal as my "ticket" on Delta was standby and I was bumped. As with all things Naija, one has to keep ones wits and a sense of humor. Aviation or otherwise. Arik Air is a travesty. Big Ogas ruined it, along with just about everything else in the country. We all know Naijas working outside of Nigeria. They typically have at the very minimum, an FAA, Sud Afrikaan or EASA license. A Nigerian license or passport sucks. Operators have had issues with Big Oga Naija pilots who think they're clever.
Joined: Apr 2002
Posts: 3,349
Likes: 1
From: FUBAR
Joined: Feb 2008
Posts: 96
Likes: 1
From: h&h
Arik Air holds slots for Heathrow because BA and Virgin have slots in LOS and ABV.
In a diplomatic agreement Arik was allocated 2 slots at LHR. Rumor says that Arik did not have to pay for the slots.. They just inherited them from Air Nigeria.
In a diplomatic agreement Arik was allocated 2 slots at LHR. Rumor says that Arik did not have to pay for the slots.. They just inherited them from Air Nigeria.
Nigerian In Law
Joined: May 2004
Posts: 1,199
Likes: 92
From: The stool at the end of the bar
On another forum it was stated that when AMCON stepped in they owed N400 billion ! I remember they used to boast in the press of an annual income circa N7bn at their peak.
Doesn't take a brainbox to work out how long paying off that debt would take, assuming they were to make the same revenue every year.
Very sad. History repeating itself unfortunately.
Doesn't take a brainbox to work out how long paying off that debt would take, assuming they were to make the same revenue every year.
Very sad. History repeating itself unfortunately.