in Business & Finance

House Committee on Banking praises Arik Air management

Posted 26 February 2018 · Add Comment

The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri has commended the present management of Arik Air for the good work they have done in turning around the fortunes of the airline.

The airline’s incumbent management led by Capt. Roy Ilegbodu as Chief Executive Officer assumed office in February of 2017 after the intervention of the Asset Management Corporation of Nigeria (AMCON) in the airline, which prevented imminent collapse of Arik Air.

Onyereri stated that from what the team saw on ground, Nigerians stand reassured of the safety of Arik and its survival.

He added: “To the extent of safety, the amount of spare parts in their (Arik) store is huge, we are completely impressed. They have brand new tyres, spare engines and that is comforting enough.”

Reacting to the rumour that there are chances of Arik Air being named the national carrier, the chairman said that was beyond the committee for now stating that there were so many things to be considered before such a development could happen.

Onyereri said: It would be recalled that the committee earlier in February promised Nigerians that they will soon pay a visit to Arik and Aero airlines for what they described as on the spot assessment of recent positive developments at the two airlines since they were taking over by AMCON when he said, “We owe it a duty to Nigerians to visit some of the critical institutions AMCON was mandated to take over in the interest of the nation.”

* required field

Post a comment

Other Stories
Advertisement
Latest News

Kenya Airways expands codeshare with Alitalia

Kenya Airways has signed an enhanced codeshare agreement with Alitalia (a partner airline in the SkyTeam alliance), creating additional connectivity to the networks of the two airlines, into Africa, Europe, the Far East and South

Embraer Phenom 300 is world’s most delivered llght jet

Embraer Executive Jets delivered 51 Phenom 300 and Phenom 300E light jets in 2019, making it the most delivered light jet of the year.

USAF C-130 supports Flintlock 2020

A United States Air Force (USAF) C-130J Super Hercules aircraft and Airmen assigned to the 37th Airlift Squadron, 86th Airlift Wing, Ramstein Air Base, Germany, deployed to Senegal and Mauritania to support and participate in

Green Africa adds three more A220-300s to its fleet

Green Africa has added to the news that it has ordered 50 A220-300s from Airbus by also committing to lease an additional three of the aircraft from leasing company, GTLK Europe.

Beechcraft King Air 350ERs begin maritime patrol duties

Leonardo has revealed that two Beechcraft King Air 350ERs, equipped as Maritime Patrol Aircraft (MPA), have gone into service with an African Navy following their delivery by the Company, which acted as prime contractor and systems

Boeing to support communities affected by Ethiopian Airlines Flight 302

Boeing has announced it has dedicated the remaining $50 million of a previously announced $100 million fund to support humanitarian needs in communities affected by the Lion Air Flight 610 and Ethiopian Airlines Flight 302 accidents.

AVMENA20 SK1309100620
See us at
AVMENA20 BT1309100620AVAFA20BT2207050320