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

Bombardier’s Challenger 350 aircraft reaches 300 deliveries

Bombardier has announced that its industry-leading Challenger 350 aircraft is the fastest business jet in history to reach 300 deliveries in the medium and large categories.

Reforms needed to maximise aviation benefits in South Africa

The International Air Transport Association (IATA) presented its latest study on the economic value of air transport and tourism to South Africa, and identified opportunities for significant expansion over the next 20 years if key

Pegasus Universal Aerospace names Robbie Irons as CEO

South Africa’s Pegasus Universal Aerospace, pioneer of the Vertical Business Jet (VBJ) Pegasus One, has named Robbie Irons as its Chief Executive Officer (CEO).

Ethiopian Airways CEO awarded Honorary Doctorate Degree

Addis Ababa University has conferred an Honorary Doctorate Degree upon Tewolde GebreMariam, Group CEO of Ethiopian Airlines, at the University’s annual graduation ceremony held at the Millennium Hall in Addis Ababa on 13 July, 2019.

Ethiopian Airlines to launch flights to Garowe in Somalia

Ethiopian Airlines and SKYTRAX are to launch flight to Garowe, Somalia, via Bossaso, Somalia effective 15 July 2019.

Securing air service levels for Zimbabwe

The International Air Transport Association (IATA) yesterday met with Zimbabwe’s President, Emmerson Mnangagwa and a high level government delegation, to discuss the contribution of aviation to the country’s economy and

Aviationgate SK1007101019
See us at
MEBAA BT2006260919Dubai AS BT2006211119