Thursday, April 16, 2026
illuminaija
No Result
View All Result
  • Home
  • Music
  • Foreign Music
    • All Songs
    • Download
    • DOWNLOAD MP3
  • Nigerian Songs
  • Videos
    • Comedy Videos
    • Movies
  • Biography
  • Net Worth
  • Relationship lifestyle
  • Dj Mix
  • Instrumentals
  • DCMA
  • Contact us
  • Home
  • Music
  • Foreign Music
    • All Songs
    • Download
    • DOWNLOAD MP3
  • Nigerian Songs
  • Videos
    • Comedy Videos
    • Movies
  • Biography
  • Net Worth
  • Relationship lifestyle
  • Dj Mix
  • Instrumentals
  • DCMA
  • Contact us
No Result
View All Result
illuminaija
No Result
View All Result
  • Home
  • Music
  • Foreign Music
  • Nigerian Songs
  • Videos
  • Biography
  • Net Worth
  • Relationship lifestyle
  • Dj Mix
  • Instrumentals
  • DCMA
  • Contact us
Home Headlines

AMCON Scales Down Arik’s Operations

by Naira
Thursday, 16 April 2026, 4:00 pm
in Headlines

Following its take over of Arik Air over two weeks ago, the Asset Management Corporation of Nigeria (AMCON) has scaled down the flight operations of Nigeria’s premier carrier to less than 30
per cent of the its capacity.

However, AMCON, in a statement
yesterday, said public confidence in the airline was gradually returning and commercial banks more willing to engage with Arik Air.

But AMCON’s statement contradicts reality. When THISDAY visited the General Aviation Terminal (GAT) of the Murtala
Muhammed International Airport (MMIA), Lagos yesterday at 11.30 a.m., all the check-in counters of the once rowdy terminal were empty and totally bereft of
passengers.

Instead, Arik ground staff were seen at their desks, waiting to attend to anyone willing to travel with the airline.

The airline, which at peak periods
operated 120 flights a day, now
operates about 15 flights daily with very low load factors, as passengers continue to shun the airline since the intervention
by AMCON.

THISDAY learnt that of 28 operating aircraft in the airline’s fleet, only eight are now in operation comprising the
two Bombardier CRJ 900s, one
Bombardier Q400, and five Boeing 737s.

The Q400 is in a dedicated service with Chevron, effectively leaving the airline with seven operating aircraft for commercial flights.

This has forced Arik to cut back its
domestic and regional operations, just as the airline suspended its international service immediately AMCON changed its management.
It was also gathered that international financiers and other creditors of the airline have concluded plans to sue the
federal government after 30 days of AMCON’s intervention in the airline.

A source with the airline said that the creditors are consulting their lawyers to collectively file a class action suit against the government for the airline’s failure to honour its international obligations.

Inside sources further maintained that Arik’s workers who were owed two months salaries – December and January
– before AMCON took over the
management of the company on
February 8, were only paid their January salaries.

AMCON, however, has maintained that the airline had a backlog of unpaid salaries of seven months when it took over two weeks ago.

According to some of the workers, who spoke to THISDAY on the condition of anonymity, AMCON informed them that the December salaries should have been paid by the former management before
it took over the company, which the corporation is currently auditing.

Also, cabin crew personnel whose
November flight allowances were
supposed to have been paid with the December basic salary, said they had lost hope that the money would ever be paid, now that AMCON is insisting that
the former management should pay the December salaries.

“We were actually owed two months salaries before AMCON took over. I know that the Nigerian Civil Aviation Authority
(NCAA) insisted that Arik must pay all of us our outstanding salaries in December, which the airline did after the labour strike. So it was the December and January salaries that were owed us,” an official of the airline said.

Many of the workers who spoke to THISDAY said even before AMCON took over, passenger traffic was already dropping because of cancelled and
delayed flights. The situation only got worse with AMCON’s intervention, they added.

“AMCON has not been able to restore passenger confidence and because we have scaled down our flights, passengers now choose other airlines.

“Yesterday (Saturday), we operated to Benin from Lagos with only 18 passengers going and on the return leg.
It is only the Port Harcourt service that still has a reasonable number of passengers,” one Arik official
volunteered.

Also, since the take over of the airline and the cancellation of most of its regional flights, Nigeria has lost its dominance on the West coast and other African routes to Asky, AWA and the Cote
d’Ivorian national carrier.

Arik was the only Nigerian airline that operated to Dakar, Abidjan, Luanda and Libreville.
Since the intervention by AMCON, it has stopped operating to most of these destinations.

The airline used to operate six flights to Accra from Abuja and Lagos, but the flights have been scaled down to two since AMCON stepped in.

According to sources in Arik, it is now uncertain if the airline will continue to operate on any of these destinations in the West coast.

“What AMCON has done is that it has cut back flights because of inadequate supply of fuel and equipment, but all the flights that it still operates are on time.

“So it has restored on time flight
services, but only 30 per cent of the flights or less are still operating.

Real Madrid kits 24-2025 For Dream League Soccer 2025
Tools

Real Madrid kits 24-2025 For Dream League Soccer 2025

Tools

First Touch Soccer 2025 (FTS 25) Mod Apk Obb Data Download

Tools

GTA 5 Apk Obb Data Latest Download For Android

ShareTweetPinSend
Previous Post

The 10 most beautiful buildings in Lagos – #7 and #4 are magnificent (With Photos)

Next Post

Before you fill that JAMB form, here are courses in some Nigerian Universities unaccredited by the NUC – Don’t waste your 4/5years please

Naira

Naira

Related Posts

Champions League fallout: Audalucia  vs Nigerian flag

Champions League fallout: Audalucia vs Nigerian flag

Nigerians Attack Burial Commitee For Selling Burial Shirt For N1,500

Nigerians Attack Burial Commitee For Selling Burial Shirt For N1,500

I once withdrew $10 million just to look at it – Dangote (Video)

I once withdrew $10 million just to look at it – Dangote (Video)

EFCC Files Fresh Motion Challenging Bail Granted To Saminu Turaki

EFCC Files Fresh Motion Challenging Bail Granted To Saminu Turaki

Anthony Joshua’s fight with Kubrat Pulev cancelled

Anthony Joshua’s fight with Kubrat Pulev cancelled

Burundi becomes first country to withdraw from International Criminal Court

Burundi becomes first country to withdraw from International Criminal Court

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

DOWNLOAD The Second Voice – LET ME BE mp3

DOWNLOAD The Second Voice – LET ME BE mp3

Benzoo – Izolo ft. Bukzin Keyz, Sizwe Alakine, Bob Mabena, Mid9t & Officixl RSA

DOWNLOAD Benzoo – Izolo ft. Bukzin Keyz, Sizwe Alakine, Bob Mabena, Mid9t & Officixl RSA mp3

DOWNLOAD The Silent Partner – Im Learning ft. IVEY.H mp3

DOWNLOAD The Silent Partner – Im Learning ft. IVEY.H mp3

DOWNLOAD SANI SK – Sawa Sawa ft. Jack Tanzania mp3

DOWNLOAD SANI SK – Sawa Sawa ft. Jack Tanzania mp3

DOWNLOAD Cali Swag District – Teach Me How to Dougie mp3

DOWNLOAD Cali Swag District – Teach Me How to Dougie mp3

Trending Posts

Finbond Loans for Sassa 2024 – Apply Now!
Money

Finbond Loans for Sassa 2024 – Apply Now!

Finbond Loans for Sassa – Apply Now! The need for loans is one of the most essential evils that everyone...

Read moreDetails
Check out the latest Canada benefit update for immigrant in 2024
Jobs

Check out the latest Canada benefit update for immigrant in 2024

Check out the latest Canada benefit update for immigrant in 2023 There are many reasons why people immigrate to Canada....

Read moreDetails
Jobs : English teacher – college level needed in Canada by Okanagan College
Jobs

Jobs : English teacher – college level needed in Canada by Okanagan College

Jobs : English teacher – college level needed in Canada by Okanagan College DETAILS ABOUT THIS JOB English teachers are...

Read moreDetails
Best 3 Ways to Immigrate to Canada From the United Kingdom
Jobs

Best 3 Ways to Immigrate to Canada From the United Kingdom

Best 3 Ways to Immigrate to Canada From the United Kingdom A variety of opportunities may be available to you...

Read moreDetails
Opportunity : See Canada’s most in-demand jobs in 2023
Jobs

Opportunity : See Canada’s most in-demand jobs in 2023

Opportunity : See Canada’s most in-demand jobs in 2022 Most countries have resumed their economic recovery in the wake of...

Read moreDetails
Why you should consider Canada as an alternative study destination
Scholarship

Why you should consider Canada as an alternative study destination

Beaver Immigration says there’s been an increase in inquiries for study in Canada from South African parents as the state of tertiary education...

Read moreDetails
Numerous unique reason why you should immigrate to United Kingdom
Jobs

Numerous unique reason why you should immigrate to United Kingdom

Numerous unique reason why you should immigrate to United Kingdom The United Kingdom consists of England, Northern Ireland, Scotland and...

Read moreDetails
Best USA Jobs for Immigrants – Work In USA
Jobs

Best USA Jobs for Immigrants – Work In USA

Best USA Jobs for Immigrants – Work In USA The United States is their top choice of location for countless...

Read moreDetails
Non-English Speakers Seeking Employment in Canada (Tips and Guide)
Jobs

Non-English Speakers Seeking Employment in Canada (Tips and Guide)

Working in Canada is fantastic. The Canadian economy is prospering, and the country’s industry is expanding quickly. A pressing need...

Read moreDetails
Canada Scholarships : 2024 King’s University Undergraduate Scholarship Award in Canada
Scholarship

Canada Scholarships : 2024 King’s University Undergraduate Scholarship Award in Canada

Canada Scholarships : 2023 King’s University Undergraduate Scholarship Award in Canada Looking for scholarship grants in Canada? King’s University, Canada...

Read moreDetails
  • About Us
  • Submit Songs
  • DISCLAIMER
  • DCMA
  • PRIVACY POLICY
  • Contact us

© 2026 illuminaija

No Result
View All Result
  • Home
  • Music
  • Foreign Music
    • All Songs
    • Download
    • DOWNLOAD MP3
  • Nigerian Songs
  • Videos
    • Comedy Videos
    • Movies
  • Biography
  • Net Worth
  • Relationship lifestyle
  • Dj Mix
  • Instrumentals
  • DCMA
  • Contact us

© 2026 illuminaija